How does Citizens Financial Group handle overdrafts on checking accounts?

@cedrick.casper 

Citizens Financial Group handles overdrafts on checking accounts through a variety of measures:

1. Overdraft Protection: They offer customers the option to link their checking account to a savings account, credit card, or line of credit to cover overdrafts. This way, if there are insufficient funds in the checking account, the funds are automatically transferred from the linked account to cover the overdraft.
2. Overdraft Line of Credit: Citizens Financial Group provides customers with the option to apply for an overdraft line of credit. This line of credit acts as a backup source of funds to cover any overdrafts. Customers only pay interest on the amount borrowed.
3. Overdraft Coverage: The bank may, at its discretion, honor payments and authorize overdrafts for certain transactions even if there are insufficient funds in the account. This could include payments for checks, electronic payments, and recurring debit card transactions, a**** others. However, Citizens Financial Group may charge a fee for each overdraft transaction.
4. Overdraft Notifications: The bank offers various notification services to inform customers about potential overdrafts. These may include text messages, emails, or alerts through their mobile or online banking platforms. This allows customers to take immediate action to avoid or address overdrafts.

It's important to note that specific policies and fees related to overdrafts may vary depending on the type of checking account and the agreement between the customer and Citizens Financial Group. It is advisable for customers to review the terms and conditions of their specific account to understand how overdrafts are handled.