Uniform Commercial Code. A general and inclusive group of laws adopted, at least partially, by all the states to further uniformity and fair dealing in business and commercial transactions. The Uniform Commercial Code (UCC) is a set of suggested laws relating to commercial transactions.
A single Overdraft Protection transfer fee will be assessed. The fee depends on which account you have linked to your checking account for Overdraft Protection: 1  Savings account: A daily fee of $12.50 applies for all overdrafts that occur in a single day. 2  Line of credit: Please see your Credit Agreement for the fee and finance charges for advances.
After that, agreed overdrafts cost Â£1 a day, capped at Â£20 a month. Unarranged fees are charged daily at Â£5 â capped at 20 occasions per month and potentially racking up to Â£100. The overall overdraft fee cap is a monthly Â£150.owever, it is also cutting back on the number of unarranged overdraft fees it will charge each month â down from Â£186 to Â£90. RBS and NatWest argue that even with the extra charges, their overdrafts are still competitive compared with other banks, âA new fee has been introduced.