I would be interested in learning how other banks are using the automatic overdraft "Pay-to Limit" features in Horizon. We have fixed amounts set up as OD limits by product, but would like to have something more dynamic.
We are looking at turning on the overdraft path sweep with increments of $25.00; meaning it would pull $25.00 to cover overdraft, or if the purchase was $26.00, it would pull $50.00. Does anyone have any sample notice they would give to the members? I'm thinking we would put something in our quarterly statement.