Overdraft Extended Coverage

What You Need to Know About Overdrafts and Overdraft Fees

An overdraft occurs when you do not have enough money in your Viriva Checking 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 overdraft protection plans, such as a link to another account or a line of credit, which may be less costly than our standard overdraft practices. To learn more, Connect With Us about these plans.


The information on this page explains our standard overdraft practices.

After reviewing what you need to know, complete the Extended Coverage Consent form if you wish to authorize Viriva to pay overdrafts for transaction types not covered under our standard overdraft practices. 

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What if I want Viriva to authorize and pay overdrafts on my ATM and everyday debit card transactions?

If you want us to authorize and pay on ATM and everyday debit card transactions, complete the Extended Coverage Consent Form. You can revoke your authorization for Viriva to pay these overdrafts at any time by calling 888-7-Viriva or 215- 333-1201.

What fees will I be charged if Viriva pays my overdraft?

Under our standard overdraft practices:

  • We will charge you a fee of up to $30.00 each time we pay an overdraft
  • There is no limit per day on the total fees we can charge you for overdrawing your account
What are the Standard Overdraft Practices That Come With My Account?

We do authorize and pay overdrafts for the following types of transactions:

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

We will not authorize and pay overdrafts for the following types of transactions without your consent. Complete the Extended Coverage Consent Form if you wish to opt-in and give Viriva consent.

  • ATM transactions
  • Everyday debit card transactions

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

If we do not authorize and pay an overdraft, your transaction will be declined.

Extended Coverage Consent Form