What is Washington Mutual's overdraft policy?

Washington Mutual's overdraft policy allows customers to overdraw their accounts temporarily, but it is subject to certain fees and conditions. When a customer overdrafts their account, Washington Mutual may choose to pay the transaction, which results in a negative balance, or decline the transaction. If the transaction is paid, an overdraft fee will be charged to the customer's account. This fee is typically determined by the number of overdraft instances within a given time period. However, there is also an option to opt out of Washington Mutual's overdraft coverage to avoid these fees. Customers are encouraged to review the specific terms and conditions of their account agreement for more detailed information on Washington Mutual's overdraft policy.