An automatic funds transfer agreement is usually the most expensive way to avoid bad check fees.

Name: An automatic funds transfer agreement is usually the most expensive way to avoid bad check fees.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

An automatic funds transfer agreement is a convenient way to avoid bad check fees as it automatically transfers funds from your account to cover any incoming checks that may overdraw your account. This is often less expensive than paying a bad check fee. Therefore, the statement is false.

An Automatic Funds Transfer Agreement Is Usually the Most Expensive