The drawee bank does not have the right to charge a payable check to the drawer's account if this will create an overdraft in the account.

Name: The drawee bank does not have the right to charge a payable check to the drawer's account if this will create an overdraft in the account.
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Question

Quizplus · Accepted Answer

A drawee bank can charge a payable check to the drawer's account even if it creates an overdraft, as long as the bank has agreed to allow overdrafts or the account has overdraft protection.

The Drawee Bank Does Not Have the Right to Charge