Actually, my bank in Canada just bounced the check, or denied the transaction on my card, if it went over my balance. I was never charged any overdraft fee, except if I wrote a check, but it was minimal ( <1$), and I had to cover it within a few days.
Never a problem with the Bank of Montreal. Don't know what it's like now... I just hate Wells Fargo for letting me use my card, when they know that my balance won't cover the purchase: it seems like they're just out to charge me the $33 OD fee. I even asked them if the transaction could be denied, if I went over my limit, and they said no.
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