The statement that once you are signed up for overdraft protection, you cannot opt out is false.
What is Overdraft protection?
Overdraft protection serves as an option that is been given by the bank accounts which prevents check, ATM as well as debit card transactions.
This protection helps the individual, from causing the account's balance to fall below zero.
It should be noted that with this protection, an overdraft fee or a non-sufficient funds can be triggered.
We can conclude that if you sign up for overdraft protection, you can as well opt out.
Learn more about overdraft protection at:https://brainly.com/question/1268151
