what happens if i overdraw a checking account at the atm wit

Won't the ATM say something like "Insufficient funds in your account to process the transaction" , when the account is already overdrawn?

Don't know about that particuliar bank, but at mine we have account manager. It's actually an overdraft protection-but-if you do overdraw they charge you for it and it goes against your account. Check with your bank to find out the details..KAren

You will most likely just be charged an overdraft fee. If this happens too much, your bank can elect to close your account and report you to chexsystems for account abuse.

the account is 1200 dollars overdrawn I just didnt know if they can take you to court or jail?
Can you file overdrawn checking accounts in bankruptcy

If you didn't do anything fraudulent such as depositing a blank envelope and telling the machine you put x amount of dollars in and then withdrawing cash, the bank wil not take you to jail. If you have written bad checks knowingly and do not make good on them, the places you wrote them to could prosecute for a bad check. Yes, you can file overdrawn checking accounts in bankruptcy. I did that when I filed my chapter 7 in 2002.

My bank would wrap you with overdraft fees quicker than you could say overdraft fees. They have a collection department that would then be hounding you, I think eventually mine would take you to court. You should check you state laws.

For $1200 I'm willing to bet they would be suing you if you don't make some sort of arrangements on that quickly. That's a pretty big overdraft amount. You should seriously consider talking to someone at the bank right away.

Mine would charge fees as well. My credit union takes people to court if they do not pay off their negative balances. If the bank does charge off your account, call them and see if you can make payment arrangements with them. Last year due to pdls my account was overdrawn like $800 and my cu let me pay $100 a month till it was paid off. You can contact them ahead of time if you know you are not going to be able to make the balance positive and see if they can go ahead and make arrangements with you.

when I had those damn pdl's and they were killing my account, my credit union let me pay them without closing me out. Good luck. And please talk to your bank--they will help you out.

My credit union was kind enough that when we got the negative balance paid off, they allowed us to re-open the account. There is no way that would have happened had I not made arrangements and I was honest with them and told them the pdl's took all my money.

I was once a Key Bank customer who was billed more than $2000.00 in overdraft fess in one year. From my experience with Key Bank they give you a fake line of credit...one that tells key how much you are willing to pay in overdraft fees. Even though you don't have enough money in your account, they will still let you use the debit card untill you reach the overdraft limit Key sets for your account. Key told me on several occasions that they have re-arranged my purchases from largest to smallest, instead of real time in order for my "more important purchases to get funded"..More important being the larger ones. I requested several times that this qwaze credit line be set to zero. That worked for a couple months and then my erroneous fee credit line would be back up to two or three hundred dollars.
This was just one of several things that were totally illegal. There were many other things that happened during my time with Key. I no longer have problems once I switched banks.

I would like to know if there is anyone who is suing Key for re-arranging purchases in order to generate fees? Didn't that happen to another big bank?

Talking to a Lawyer and suing the bank is the only way for them to get the message that they are operating there business Illigally and I know because I am talking with a lawyer now about US Bank doing this to me on more then one occation even though I had money in there... I belive this is considered Money Laundering and Stealing. Talk to a Lawyer and see what you can come up with and if you get no results then Sue there pants off of them Thats what I am going to do even though it is time Consuming it is the only way to stop this.. Good Luck to all

what do you think could happen if someone knowingly fake deposited (empty envelopes in ATM) and used debit card over weekend knowing no money in account....bad huh? so once everything goes thru I will most likely am down about a thousand...if it goes to collection then I will deal with that...but more worried about jail and such...any thoughts?

so you did fake deposit money is that what your saying? if thats the case you may be charged with fraud

If you knowingly put an envelope in the ATM that had no money in it then yes I would say that's criminal. If you simply just pulled money out of the bank like I did (without making any deposits) and the bank let you have the money I can't see how that could be considered criminal. I know from experience with most banks they give you a provisional credit such as $250 for which you're entitled too until they verify the rest of it. So if you put in $2000 in the ATM they'll only give you $250 until your deposit is verified. Putting money in the ATM that really doesn't exist is no different than bank robbery, it's fraud.

I too have had horrible problems with Keybank. They are the WORST bank ever! One of the first deposits we made with them, which was for well over $1,000, they gave us a handwritten receipt for and then it didn't show up in our account! It took a few days to get the money back. Our account is currently in the negative becuase of SEVERAL problems we've had with their virtual merchant services and the branch manager is doing NOTHING to help us in the matter even though the rep apologized to us (with the branch manager on the call)....she admitted to giving us wrong information at the time we signed the contract. So now we are in the process of taking them to small claims court! If you are a small business stay AWAY from Keybank!!!

read over the posts here. my bank allows overdraft and im sorry to say i do it often with this particular account. they slap on their $35 overdraft fee for each transaction. usually banks consider your time with them. monthly income by deposits....and so on .

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You can get them refunded if you get on line with the right person and it isn't a usual occurrence. For example if you have a perfect checking account history for 3 years then you have an emergency and your account gets assessed with hundreds in fees, the bank will most likely waive some or all of them especially if you were dealign with a real emergency.

I think, however, the OP was referring to the bank deciding whether or not to PAY the overdraft, i.e. return the items or pay them on your behalf. Either way unfortunately a fee usually ensues.