Overdraft System Overdraft System is the system in which the borrower is allowed to overdraw on his current account with the banker upto a certain specified
Overdue (Bill of Exchange) Overdue (Bill of Exchange) is a bill of Exchange is said to be overdue when the time for its payment has passed, or if it is a bill payable on
Overdraft on Current Account An overdraft allows to borrow money for a short period of time through current account. So, it is a credit facility for a current account customer.
Definition
[ n.]