Is it possible to get a bankers draft in an amount that will make me overdrawn? (But not over my limit.) I'm with Barclays.
Bankers drafts and overdrafts
Feb 03, 2004
4 Replies
Can you get cash out, up to your overdraft limit? Of course. Therefore you could buy the draft with the cash.
Yes.
You can have a draft for any amount as long as there are funds or a facility on the account to permit it - so yes, you can. When the draft is issued the corresponding amount is immediately debited from your account!
Marcus
"Marcus Collie" wrote in message news:bvoolr$erj$1$ snipped-for-privacy@news.demon.co.uk...
IIRC, when I was in banking, the customer's account was debited first. :)
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