Overdraft Coverage

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway.

We can cover your overdrafts in two different ways:

1. We have standard overdraft practices that come with your account.
2. We also offer an overdraft protection plan, that links to a checking, savings or money market account, which may be less expensive than our standard overdraft practices. To learn more, ask us about this plan.

This notice explains our standard overdraft practices.

What are the standard overdraft practices that come with my account?

We do pay overdrafts for the following types of transactions:

• Checks and other transactions made using your checking account number
• Automatic bill payments

For business deposit accounts only, we do authorize and pay overdrafts for ATM transactions and everyday debit card transactions.

We pay overdrafts at our discretion, which means we do not guarantee that we will always pay any type of transaction that overdraws the account.

If we do not pay an overdraft, your transaction will be returned.

On personal deposit accounts, we do not authorize overdrafts for ATM Transactions and everyday debit card transactions.

If use of your Card overdraws your account, you agree to make immediate payment to the Bank of the amount of any such overdraft. This may happen if there were enough available funds at the time the Bank authorized the transaction, but not at the time the transaction settles and clears the account.

What fees will I be charged if Byline Bank pays my overdraft?

Please review our Product & Service Fees Schedule, included in the Personal Deposit Account Agreement & Disclosures or Business Deposit Account Agreement & Disclosures, for more information. For personal deposit accounts, we do not charge a fee if the overdraft results from a previously authorized Card transaction.

Rev. 1/12/2024