I accidentally spent more money than was in my account, what happens now?
Oops! If you don’t have enough money to cover a transaction, your account may be overdrawn. Your transaction can get either ‘honoured’ or ‘dishonoured’, depending on your circumstances. You may receive an honour or dishonour fee of $10 if your account is overdrawn.
To protect the risk of overdrawing your account, you can set up an insufficient funds sweep to cover a direct debit, personal cheque or debit VISA transaction, by sweeping available funds from another related account.
You can contact us to see if your account can be set up for an insufficient funds sweep.