Which type of bank agreement will result in the lowest fees?
A)an automatic funds transfer agreement.
B)an automatic overdraft loan agreement.
C)An "opt-in" overdraft/bounce protection agreement.
D)pay the bounced check fee itself.

Question

Quizplus · Accepted Answer

An automatic funds transfer agreement typically results in the lowest fees because it involves automatically transferring funds from another account (like a savings account) to cover transactions, avoiding overdraft fees or bounced check fees.

Which Type of Bank Agreement Will Result in the Lowest