Explaining how overdrafts work - for young SOUTH AFRICAN professionals

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This is a detail explanation on how overdrafts work. What an overdraft is, the different types of overdrafts, the required documents when applying for and overdraft, fees and so on.
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Thank you for this, it was very informative. How then does one settle the overdraft amount. Can you pay it bit by bit or a lumpsum then close it off?

joymolelekeng