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GrogVix [38]
2 years ago
12

You choose Option A for Overdraft Options. What would happen if you had $30 in your checking account and you tried to take out $

45 at the grocery store using your debit card?
Computers and Technology
1 answer:
Serga [27]2 years ago
6 0

The overdraft transaction will be successful and $45 will be paid at the grocery store but there will be an overdraft charges in addition to $15.

Overdraft is a privilege granted to checking account holder which good credit record.

  • Overdraft privilege allows payment for transaction even though there's not enough funds in the bank account to fully cover the transaction.

  • An Overdraft Fees will be charged for the service provided by the bank in addition to the amount provided to the bank-holder.

In conclusion, the payment at the grocery store will be successful but the account will be in negative of $15 and an overdraft fee will be charged by the bank as well.

Read more on Overdraft here

<em>brainly.com/question/17154998</em>

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