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Overdraft protection was a wonderfully-lucrative invention by financiers. Gaining in widespread popularity in the 2000s, overdraft protection was devised so that you can protect bank customers from having their checks bounce or debit card transactions denied. However, with fees of substantially $35/instance simply no limit to number of instances in the given day, what overdraft protection amounted to any huge money-making scheme for banks. As an American, you're at an obstacle thanks to FATCA - the Foreign Account Tax Compliance Function. Washington wants you to
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