With the potential for dozens of transactions on a daily basis, cash flow can fluctuate. Mistakes can happen. With First Bank's Overdraft Protection services, businesses have peace of mind knowing they are covered.
Business Overdraft Protection Options
- Overdraft Transfer: A transfer from a linked First Bank account to cover an overdraft. $10 for each transfer.
- Business Preferred Line of Credit: A revolving line of credit linked to your checking account to cover an overdraft. Subject to credit approval and finance charges under Business Preferred Credit Loan agreement.
- Business Overdraft Privilege: A non-contractual, discretionary service provided to eligible Small Business Checking Accounts to authorize and pay overdrafts up to a Business Overdraft Privilege limit.
Contact a First Bank relationship manager to discuss the option that will work best for your business.