Full Form of DAIF
| Full Form: | Drawn Against Insufficient Funds |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Accounting |
What is DAIF Full Form?
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.