Overdraft limit 0 euros and pending direct debit?
Hi, I have 800 euros in my checking account and am now expecting a withdrawal of 999 euros, despite a 0 euro overdraft limit…
I'll get paid again in 2 days, but will that cause problems if my account goes into the red for a short time?
If you can’t answer a flat rate, it depends on how your bank disposes. If a patient overdraft (= an account overdraft without an agreement) is possible, this will go through.
If not, it will either be returned automatically and not executed or (D)an advisor will be approved or refuses the contract manually.
Gruss
If the financial institution that carries the account permits, everything is good.
Otherwise, the direct debit returns.
However, an overdraft is used.
Can’t be predicted. Either the debit will be rebooked or the bank will thrive the transfer and calculate a higher interest rate, which will not be much for two days.
then this is not booked, had to book again later
I think the bank will tolerate this. But you will have to pay high interest for this overdrawal.
However, if only interest was for two days, it is therefore within limits.
If you do not have a limit, this debit is not done. You just have to plan your dispositions to ensure that your account is sufficiently covered.
I didn’t say. The bank can also tolerate the unagreed transfer and allow the booking.
If that’s a few euros, VIELLEICHT. If there is an automatic lock, the booking will return.
Right. And with that, your flat-rate statement that the debit is not executed is wrong.
It can, but does not have to be executed.