Overdrafts

Write cheques with confidence! Protect yourself against unexpected cash shortages and the embarrassment of returned cheques. With overdraft protection you can enjoy:

  • Increased buying power – Enjoy increased purchasing power and working capital since you can write cheques up to the amount of credit limit plus your chequing account balance.
  • Flexibility– Write cheques, or get cash when you need to, even if your chequing account balance is low
  • Savings– Avoid returned cheque charges and fees from stores or creditors
  • Financial control– Protect your credit rating. You can always pay your bills on time knowing that your overdraft covers your cheques until your deposits clear.