bank account

pixiez

:eek: Hi !! I'm having a bit of a problem with my bank at the moment. I'm going though the process of re-claiming my charges back, but this is not what the problem is really about .
I need help in knowing about a account ,if you have an account which doesn't have an overdraf , which is a normal account, how can you take money out if you have no money in your account. I thought there was something going in my account , but later i released that no money went into my account , i took money out , now i'm overdrawn and the bank have charged me 3 times @ £30 a time , so like i said if there's no money there i can i take it out !!

Nile

Hello pixiez

Welcome to the MSE site.:wave:

I'll move your thread to the 'Savings & Investments' board, where hopefully someone will respond to your question.

Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere(please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="abuse@moneysavingexpert.com"]abuse@moneysavingexpert.com[/EMAIL].

Regards

Nile

debbie42

The banks call this an "unauthorized overdraft". Depending upon your account, they would either honour the cheque (and take you overdrawn) or bounce it. Either way, there are charges attached.