Interest Charged Due to an Erroneous Withdrawal | Heter Iska | Ask the Rabbi - SHEILOT.COM

Interest Charged Due to an Erroneous Withdrawal

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Question

He wrote a check for a date on which he knew he would have money in the bank. By mistake the check was collected a day before the date, and because of this his account went into overdraft and the bank is charging him interest. Is he required to demand from the bank that they not charge him interest for this?

Answer

Yes.

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