DAIF Full Form - What is Full Form of DAIF?

DAIF is full form Drawn Against Insufficient Funds

What is Drawn Against Insufficient Funds?

The term non-sufficient funds (NSF), or insufficient funds, refers to the status of a checking account that does not have enough money to cover transactions. ... If a bank receives a check written on an account with insufficient funds, the bank can refuse payment and charge the account holder an NSF fee.