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Personal Account to Business Account Auto OD

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Question: 
Can a person have an automatic transfer set up for overdraft to come from his or her personal account to his or her business account?
Answer: 

This is a legal/risk decision for a bank. Many banks only allow linkage between personal and business accounts for sole proprietorships.

First published on BankersOnline.com 11/05/07

First published on 11/05/2007

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