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yes it could happen
if you have Bank Facilities like Short term loan or Over draft -
It is like short term loan when you withdraw this amount will make Bank Balance appear like a negative till you pay back this overdraft amount
yes,
It willl charge you multiple overdraft fees for each transaction that happens when you have no money. Once you overdraw your account, your bank expects you to immediately put money in to bring the balance back to a positive number.
Yes it can have negative balance. it is called bank overdraft facility.
yes..if the cheque you issued to a particular supplier / person is more than the balance you have in your current account..Then it will be negative balance.
Yes if the company have overdraft facility in the bank.
Yes, a bank account can have a negative balance if it has overdraft facility. Usually banks facilitate their clients with an overdraft limit without charges depending upon the transactions and other terms & conditions.
Yes, an overdraft bank account would have a negative balance.
Answer is yes if overdraft facility is available with bank.
