... December 2001 with its approval of a policy that allows certain institutions to pledge collateral to their administrative Reserve Bank (ARB) to secure daylight overdraft capacity ...

In 2001, the Board revised the PSR policy to permit certain institutions to obtain collateralized daylight overdraft capacity above their net debit caps and to modify the net debit ...

... by the Board: What are the benefits and drawbacks of allowing depository institutions with self-assessed net debit caps to pledge collateral for additional daylight overdraft capacity ...

... would involve changes to other elements of the PSR policy dealing with daylight overdrafts, including adjusting net debit caps, streamlining maximum daylight overdraft capacity ...

An ANZ Personal Overdraft is a line of credit attached to your transaction account to ... Applicants need to be at least 18 years of age and demonstrate capacity to afford to repay