Will a direct debit be taken out of an account which is nearly at the overdraft limit?

Ok I just wondered what happens if you are nearly at your overdraft limit but have direct debits coming out which will take it over the limit. Will the direct debit still come out? Will the bank charge me on a daily basis (I am with Natwest). Any help would be much appreciated
Will a direct debit be taken out of an account which is nearly at the overdraft limit?
The debits will post and the bank will determine whether it wants to take the risk of overdrawing your account or returning the items as unpaid.





Either way, the bank will charge you a fee for each debit, whether they pay it or return it. And, if you have other items post, such as checks clearing or debit card transactions, the bank will charge you an overdraft or non-sufficient funds fee for each item.
Reply:Assume the worst case scenario-


The direct debit will fail AND your bank will charge you 拢35 for bouncing each and every one of them. 3 like this will cost you over 拢100, plus you will get overlimit charges on your overdraft as well - whatever they are.





If you seriously have no money in there at the right time then contact the bank immediately to cancel the direct debits, then contact the companies concerned and make alternative arrangements.
Reply:It depends on how much the direct debit will put you over. If it's only a dollar or two, most banks will process it and charge you a service charge for being over limit. Some banks will just return the debit NSF - and charge you an NSF service charge. But if the debit puts you more than a couple of dollars over, they pretty much all return it NSF.
Reply:Either the DD's will come out and youll be charged for going o/d


Or the DD's will bounce and you'll get charged for that





Work out which is cheaper!





Or, cancel the DD's and phone the companies to discuss. Or extend your o/d temporarily?
Reply:Yes - and they charge lots if they try to take the direct debit and can't due to lack of funds. It's ironic that you receive the most bank charges when you have the least money. They will charge you for every failed direct debit that occurs. Nice.