that I pay for bills bounce? I pay 27 dollars to the bank everytime something bounces. Are my checks going to bounce?
No, but the bank will charge you a fee for covering then NSF but you will be saved from the humiliation of a bounced check.Bounce protection works two ways, either you have a savings account that is linked to you checking account so that when a check comes in that there aren't funds to cover it, the money will then be transferred from your savings to checking to cover the check. The other is a credit card or line of credit loan. Both work the same way as a savings account but the funds are essentially borrowed. The only way your checks will bounce is if you do not have the funds in your savings or do not have enough room on your cc or line of credit to cover the checks. Hope this helps
no,but the bank will give you a hard time.
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