A comfortable way to
manage the unexpected
Overdraft protection helps you cover occasional shortfalls in your chequing account, up to your approved overdraft limit.
Choose the right Overdraft Protection option for you:
Avoid NSF Fees
Avoid Non-Sufficient funds
Avoid refused transactions
Avoid the inconvenience of
having debit transactions refused
Cover the occasional shortfall
Access to additional funds in your
account up to your approved overdraft limit
How it works
Subject to the terms of your overdraft protection agreement, debit transactions within your approved overdraft limit will be processed and your overdrawn balance for each transaction will need to be paid within 89 days.
Each of your deposits will be immediately and automatically applied against the overdrawn balance until the balance is paid.
1Based on the number of accounts with Pay As You Go Overdraft Protection as compared to Overdraft Protection – Monthly Plan as of February 28th, 2017.