Re: Electronic Check (How Are Insufficient Funds Handled)

Posted by Tina (205.188.116.84) on June 20, 2004 at 03:14:28:

In Reply to: Electronic Check (How Are Insufficient Funds Handled) posted by JulieA on June 20, 2004 at 01:37:53:

If your account already shows the payment to the mortgage company then your account has overdraft protection and your check was honored. You will get a notice from your bank that you had insufficent funds, the check was honored, the amount your account was short and the amount of the fee for the service. That notice takes sometimes 5 days to reach you.

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