overdraft facility on current account
1overdraft — over·draft / ō vər ˌdraft/ n 1: the act or result of drawing on a bank account for more than the balance; also: the amount exceeding the balance in an overdraft 2: a loan or credit extended on a current account esp. to established or… …
2overdraft — a form of loan by which a person with a trading bank current account is given permission to continue making drawings on the account up to an agreed limit, after the balance has been reduced to nil. Glossary of Business Terms Provision of instant… …
3Overdraft fee — Unauthorized overdraft fees (sometimes called paid referral fees ) are fees charged by banks on various types of bank accounts, usually current or checking accounts. In the United States alone, overdraft fees bring in billions of dollars every… …
4Transactional account — Banking A series on Financial services …
5loan account — An account opened by a bank in the name of a customer to whom it has granted a loan, rather than an overdraft facility. The amount of the loan is debited to this account and any repayments are credited; interest is charged on the full amount of… …
6ECONOMIC AFFAIRS — THE PRE MANDATE (LATE OTTOMAN) PERIOD Geography and Borders In September 1923 a new political entity was formally recognized by the international community. Palestine, or Ereẓ Israel as Jews have continued to refer to it for 2,000 years,… …
7Office of Fair Trading v Abbey National plc — OFT v Abbey National plc Court Supreme Court of the United Kingdom Full case name Office of Fair Trading v Abbey National plc and Others Date decided …
8National Westminster Bank — Plc Type Public Limited Company Industry Financial Services Founded 1968 …
9Nationwide Building Society — Type Building Society (Mutual) Industry Banking and Financial Services Founded merger of societies dati …
10United Nations Monetary and Financial Conference — Mount Washington Hotel The United Nations Monetary and Financial Conference, commonly known as the Bretton Woods conference, was a gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton Woods, New …
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