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What does OD on my bank statement mean?

I think it means OD but I don't have an overdraft and I didn't ask for one 

1 Answer

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  • 4 months ago

    I don't think you know what an overdraft is, as no one would ask for one.  Maybe you are thinks "overdraft protection".  An overdraft is when you write a check or do something that draws more money fro your account than you have.  Overdraft protection generally means the bank will cover the additional money you need, and not charge you a fee. 

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