Non-Sufficient Funds (NSF) Transactions
Understanding Non-Sufficient Funds (NSF) Transactions
We want to make it easy for you to understand the fees and charges that may apply to your checking account.
What an NSF transaction is:
A transaction that would result in a negative account balance if paid is called a non-sufficient funds transaction. An overdraft occurs when we pay your NSF transaction.
How it’s determined:
We post transactions at the end of the business day. We determine if you have an NSF transaction based on the actual balance in your account after the transaction is posted.
We understand that situations may still happen that result in NSF transactions you would like to have paid. To increase the likelihood that happens, we offer several overdraft service options. Learn more here.
How your transactions work
The way we post transactions impacts your actual account balance. We generally post in this order:
You're in control
You can avoid NSF transactions by ensuring you’ve made (and we’ve cleared) sufficient deposits or transfers to cover your account activity before the business day ends. Here’s a guide to our cutoff times for making a deposit or transferring money from another Camden National Bank account:
There is no cost to participate in the Progressive Pay service.
- Transactions that are paid using the Progressive Pay coverage amount are subject to our standard Overdraft Fee.
- Transactions that are returned because you have exceeded your Progressive Pay coverage amount are subject to our standard Returned Item Fee.