An arrangement under which a bank places funds into a depositors checking account if there are insufficient

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An arrangement under which a bank places funds into a depositor’s checking account if there are insufficient funds to cover all checks written is known as:

(a) check kiting.

(b) an insufficient fund charge.

(c) a check protection plan.

(d) overdraft protection.

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Wiley Pathways Personal Finance Managing Your Money And Building Wealth

ISBN: 978-0470111239

1st Edition

Authors: Vickie L. Bajtelsmit, Linda Rastelli

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Question Posted: Jun 05, 2024 02:01 AM

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An arrangement under which a bank places funds into a depositors checking account if there are insufficient

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Wiley Pathways Personal Finance Managing Your Money And Building Wealth

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