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Bank Overdraf is an Asset or a liability for a Bank?

Answers were Sorted based on User's Feedback



Bank Overdraf is an Asset or a liability for a Bank?..

Answer / vidhya vishwakarma

my answer is bank overdraf is an asset for a bank and
liability for us because bank over draft means some time
customer has not more money in the bank. but he issue the
cheque then bank give us this facilities and bank pay to
other (who credit cheque ). ofter that we pay to bank with
interest (it is our liability)

Is This Answer Correct ?    1 Yes 0 No

Bank Overdraf is an Asset or a liability for a Bank?..

Answer / bino

bank overdraft is an asset to banks but it is a liability
to the customer

Is This Answer Correct ?    1 Yes 0 No

Bank Overdraf is an Asset or a liability for a Bank?..

Answer / utkarsh gupta

Bank Overdraft is an Asset for Bank because bank will
recovered such amount from us

Is This Answer Correct ?    0 Yes 0 No

Bank Overdraf is an Asset or a liability for a Bank?..

Answer / sukanya

bank over draft is an asset for bank liability for an company

Is This Answer Correct ?    0 Yes 0 No

Bank Overdraf is an Asset or a liability for a Bank?..

Answer / harish

Bank Overdraft is a liability.

Is This Answer Correct ?    0 Yes 1 No

Bank Overdraf is an Asset or a liability for a Bank?..

Answer / libina kutty

IT IS AN LIABILITY

Is This Answer Correct ?    0 Yes 1 No

Bank Overdraf is an Asset or a liability for a Bank?..

Answer / guest

LIABILITY

Is This Answer Correct ?    4 Yes 18 No

Bank Overdraf is an Asset or a liability for a Bank?..

Answer / sheshadri

Bank overdraft is an liability for bank.for us asset

Is This Answer Correct ?    8 Yes 154 No

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