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What are the fees for overdrawing my account?

Asked 5 months ago
ANZ Bank has specific policies regarding overdrawing accounts, which typically involve fees. Generally, if an account is overdrawn, there may be a fee charged for each transaction that causes the account to go over its limit. In addition to transaction fees, interests may accrue on the overdrawn amount until it is repaid. However, the specific fees associated with overdrawing an account can vary based on the type of account you hold. ANZ Bank offers different accounts with varying features and fee structures, so it is essential to check the terms and conditions associated with your specific account to understand the exact costs involved in overdrawing. For comprehensive information about fees and conditions, individuals are encouraged to visit the ANZ Bank website, where detailed information can be found on the relevant account types and their associated fees. Additionally, it is advisable to review the most recent documentation or user guides provided by ANZ for the latest information.
Answered Jul 9th 2025

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