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Overdraft
What Is
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3:07
YouTube
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Overdrafts Explained | What is an Overdraft?
An overdraft is a financial service provided by banks that allows individuals to spend more money than they have in their bank account. When someone has an overdraft, they are borrowing money from the bank, so they can make payments or withdraw cash from their current account even if the balance is zero. Watch the video to find out what an ...
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