Overdraft in banking

[Blacky6054]

he name of your state? Kansas

 

[Blacky6054]

he name of your state? Kansas

Kansas

 

[PayrollHRGuy]

Now just add a question.

 

[Taxing Matters]

he name of your state? Kansas

Maybe the FDIC page on avoiding overdrafts will be of some help to you. If that doesn't address your question, add a reply in this thread that provides the facts of your situation and what you want to know.

 

[Blacky6054]

Now just add a question.

Now just add a question.

Can I open a new checking acct and make payments to my old account to bring the account down to zero

 

[PayrollHRGuy]

If you open an account at the same bank where the ODs are they may well take all of the money you deposit to cover the ODs.

If you open an account at another bank I'd suggest you take the bank with the ODs cash to pay the ODs.

You may have a problem opening an account with another bank though. Many banks report account status to a company that then report it to other banks. Sort of like a credit check.

If this happens and you can't open an account and you need a bank account for something like DirectDeposit you might want to look into something like a GreenDot or American Express Serve account. You can get them at WalMart and other retailers or directly from their internet sites.