What is State Street Corp.'s policy on overdrafts?

State Street Corp. typically has policies regarding overdrafts that vary depending on the specific products and services offered. While the general practice is to assess client accounts for sufficient funds before transactions are processed, if an account does become overdrawn, fees may apply. It is important to understand that different types of accounts, such as bank accounts or investment accounts, may have varying terms and conditions related to overdrafts. In many cases, State Street aims to communicate any potential fees or requirements associated with overdrafts clearly to its clients. For the most accurate and detailed information regarding overdraft policies specific to one’s account type, it is best to refer to the official State Street website or review the account agreement documents.