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

Asked 6 months ago
State Street Corp. maintains a policy on overdrafts that prioritizes responsible financial practices. We understand that overdrafts can occasionally occur, but we encourage customers to manage their accounts responsibly and avoid them whenever possible. If an overdraft does occur, State Street Corp. may provide an overdraft service to eligible customers, subject to approval. This service allows sufficient funds to cover the overdraft, preventing any potential disruptions in the customer's financial activities. It is important to note that the availability of this service, as well as any associated fees and charges, may vary depending on the specific account type and customer's relationship with State Street Corp. We recommend contacting our customer support team or referring to the account terms and conditions for comprehensive information on our overdraft policy.
Answered Nov 2, 2023

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