"Overdraft practices" refers to the rules and policies set by banks or financial institutions regarding allowing customers to spend more money than they have in their account. Full definition
Your bank, credit union or other financial institution may still enroll you automatically in their standard overdraft practices for these types of transactions. (consumerbadcreditguide.com)
If you do not want your bank's standard overdraft practices in these instances, talk to your bank; you may or may not have the option to cancel. (consumerbadcreditguide.com)
A new report from the Consumer Financial Protection Bureau raises questions about overdraft practices at some financial institutions. (entrepreneur.com)