Overdraft Rewind
Our Overdraft Rewind ® that is free function
As soon as the bank gets your direct deposit by 9 am regional time, we are going to immediately add this quantity in a reevaluation regarding the previous day’s deals that led to an overdraft or returned/non-sufficient funds (NSF) item cost. The lender will determine a brand new stability, including your pending direct deposit (less any pending debits), and employ this stability to reevaluate the last day’s deals and waive any costs for transactions that will have now been included in your direct deposit.
Overdraft Rewind is a feature that is automatic of customer deposit account that receives Direct Deposit. There’s absolutely no extra sign-up or enrollment needed.
We get most incoming electronic direct deposits before 9:00 am each working day. Using the Overdraft Rewind function, we’ll initiate a “second review” of this prior day’s deals on the account at 9:00 am time that is local. It, we will use funds from your direct deposit to reevaluate the transactions and waive the overdraft or returned item/NSF fees that would have been assessed if you had an overdraft or returned/NSF item personalloancolorado.com credit on the previous business day and your direct deposit would have covered. Continue reading “Wells Fargo Overdraft Rewind And Overdraft Rewind”