Archive | November 29th, 2010

Debit Card Use

29. November 2010

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On July  1, 2010 the banking industry made changes to the use of debit cards.

Customers were given a choice to allow the bank to charge overdrafts when funds are not available in their account when using their debt card.  The other option was to opt out of being charged overdraft charges when using their debt card.  The transaction would be denied just like a credit card.

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