Avoid embarrassing situations with two overdraft options from Haverhill Bank! You can authorize automatic transfers from your business savings account to your business checking account to cover overdrafts.*
For additional protection, Haverhill Bank offers the Overdraft Privilege service.** Haverhill Bank will consider, without obligation on its part, paying overdrafts of up to $1,000 on eligible business/commercial accounts. No action is required from you. The service is automatically available for eligible accounts.
- Protect your accounts from overdrawing
- No action required by you
- Automatically available for eligible accounts
- Normal insufficient funds/overdraft charges may apply
*$25.00 overdraft, uncollected funds or insufficient funds charge applies to overdrafts created by payments authorized by checks, ACH/electronic items, Online Banking, Phone Banking, in-person withdrawals and ATM/Debit Card transactions. You must bring your balance positive immediately or as soon as possible and at least every 30 days. The bank cannot promise to pay every overdraft and is never obligated to pay your overdraft. The bank typically does not pay overdrafts if your account is not in good standing, for example, you are not making regular deposits. There is no NSF fee if the transaction or overdrawn balance is less than or equal to $10.
**For additional information, please refer to the Overdraft Privilege Terms and Conditions.