Which is true of overdraft protection (ODP) ? It ensures that your checks will not bounce. It is required by law for most accounts. It is usually available free for most accounts. It requires funds to be available from a linked account.

Question

Kolby Winters

Business

7 December, 21:47

Which is true of overdraft protection (ODP) ? It ensures that your checks will not bounce. It is required by law for most accounts. It is usually available free for most accounts. It requires funds to be available from a linked account.

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Answers (1)

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Rigoberto Boyle · Answer 1

Answer: There are two answers that are true to overdraft protection. It is usually available free for most account holders, and it ensures that your check won't bounce.

Explanation:

When a person signs up for ODP, they're given a set of rules and guidelines. Most banks have a certain amount that they will allow to be overdrafted and there are usual fees for each overdraft. Most banks will charge up to 35$ for each overdraft. The account holder will have a certain amount of time to return the money to cover the check.