What's the meaning of "debit interest"? Please deposit sufficient funds to put your account in order as soon as possible. For the accrued debit interest on the overdrawn account, it will be charged on

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Lihyang

What's the meaning of "debit interest"? Please deposit sufficient funds to put your account in order as soon as possible. For the accrued debit interest on the overdrawn account, it will be charged on 28th of each month or preceding business day if 28th is a holiday.

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I am assuming the account had overdraft protection, which means the financial institution accepted the transaction that resulted in the overdraft and expects interest to be paid on the amount of the insufficiency.

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