If I didn't have enough in my account to cover a pre-authorized payment, can the bank still take out the funds and create an overdraft?
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That action depends on the authorization and the bank's terms and conditions for the transfers. Many banks' systems check the available balance first, and don't complete a payment that would overdraft the account. Contact the bank to find out what it's practice is.
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That action depends on the authorization and the bank's terms and conditions for the 