Kai Smythe's completed reconciliation of his bank statement follows. Kai Smythe's Bank Reconciliation for November 29, Overdraft protection plans prevent you from experiencing an insufficient funds, or overdraft, situation. In general, they do this by providing an inflow of money into your account that is at least sufficient to cover your: Bad checks or similar withdrawals Insufficient funds (NSF) fees and penalties There are three principal arrangements that may be used to provide overdraft protection to a checking account holder: an automatic funds transfer agreement, an automatic overdraft loan agreement, and courtesy, or "opt-in," overdraft/bounce protection. How do they compare? The methods differ in the used to remedy the insufficient funds situation. However, they are Kai Smythe's completed reconciliation of his bank statement follows. Kai Smythe's Bank Reconciliation for November 29, Overdraft protection plans prevent you from experiencing an insufficient funds, or overdraft, situation. In general, they do this by providing an inflow of money into your account that is at least sufficient to cover your: Bad checks or similar withdrawals Insufficient funds (NSF) fees and penalties There are three principal arrangements that may be used to provide overdraft protection to a checking account holder: an automatic funds transfer agreement, an automatic overdraft loan agreement, and courtesy, or "opt-in," overdraft/bounce protection. How do they compare? The methods differ in the used to remedy the insufficient funds situation. However, they are