True or False: If there is a negative balance on the connected account, Stripe attempts to debit the external account on file for the platform account.

The assertion that Stripe attempts to debit the external account on file for the platform account if there is a negative balance on the connected account is false. When a connected account experiences a negative balance, Stripe does not automatically attempt to debit the external bank account associated with the platform account to cover that negative balance. Instead, Stripe has processes in place to manage negative balances, which may include withholding future payouts until the negative balance is resolved.

The alternative choices imply specific conditions under which debiting occurs, such as only for direct charges or for dispute resolutions. However, these conditions do not change the fundamental understanding that negative balances on connected accounts are handled internally by Stripe's systems and do not trigger immediate debiting from the external account of the platform itself. Therefore, the overall statement is inaccurate, making the correct answer 'False.'