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Overdraft Services

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Overdraft Services   Managing Your Checking Account   Your Overdraft Questions Answered

Overdraft Services

Standard Overdraft Practices

An overdraft occurs when you do not have funds available in your account to cover a transaction.

NBT Bank has Standard Overdraft Practices that come with each account. We cover overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.

Generally, we do authorize and pay overdrafts on the following types of transactions:

  • Checks and other transactions made using your checking account number
  • Automatic bill payments

We do not authorize and pay overdrafts on the following types of transactions unless you ask us to:

  • ATM transactions
  • Everyday debit card transactions

If you would like to opt-in and authorize us to pay overdrafts on ATM and everyday debit card transactions, please contact us at 1-800-628-2265 or by visiting your NBT Bank office. You can also opt-in by completing our Opt-in Form and mailing it to the bank at:

NBT Bank Customer Service
P.O. Box 351
Norwich, NY 13815

For more information on overdrafts, our practices and fees, please review Your Overdraft Questions Answered.

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Autolink Transfer Service*

NBT Bank’s Autolink Transfer Service* allows you to link another NBT Bank savings or checking account to your primary checking account to provide protection against overdrawing that account. In the event transactions cause your primary checking account to have a negative available balance, funds will be transferred from your designated Autolink account in increments of $10 to prevent any resulting overdrafts. A transfer fee will be charged for this convenient service.

For more information on fees or to enroll in the Autolink Transfer Service, contact your NBT Bank office or our Call Center at 1-800-NBT-BANK (1-800-628-2265) today.

*Our Autolink Transfer Service is subject to transaction limitations. Federal Banking regulations place limitations on certain transfers and withdrawals from savings and money market accounts. Withdrawals or transfers made by automatic, pre-authorized, telephonic agreement order, or instruction, check, draft, debit card, or similar order made from this account to other accounts or to third parties are restricted to no more than six per monitoring period. The monitoring period for all savings and Cosmic Kids accounts except those tied to checking accounts with portfolio statements is monthly up to the quarterly statement date. Money market accounts and savings accounts with portfolio statement are monitored by statement cycle.

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Personal Overdraft Line of Credit

Our Personal Overdraft Line of Credit is attached to a personal checking account to provide protection against accidental overdrafts. In the event that your transactions cause your checking account to have a negative balance, funds will be transferred from your Personal Overdraft Line of Credit in increments of $50 to prevent any resulting overdrafts. A transfer fee will be charged for this convenient service. While you have an outstanding balance on your Line of Credit, interest will be charged. Monthly payments of principal and interest will be deducted from your checking account. Additional payments can be made at any conveniently located NBT Bank office or using NBT Online Banker.

For more information on fees or to apply for a Personal Overdraft Line of Credit, contact your NBT Bank office or our Call Center at 1-800-NBT-BANK (1-800-628-2265) today.

Please note that an NBT Personal Overdraft Line of Credit is subject to credit application and approval.

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