Bank charge
Appearance
(Redirected from Bank charges)
This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)
|
The term bank charge covers all charges and fees made by a bank to their customers. In common parlance, the term often relates to charges in respect of personal current accounts or checking account. These charges may take many forms, including:
- monthly charges for the provision of an account
- charges for specific transactions (other than overdraft limit excesses)
- interest in respect of overdrafts (whether authorized or unauthorized by the bank)
- overdraft fees: charges for exceeding authorized overdraft limits, or making payments (or attempting to make payments) where no authorized overdraft exists.
See also
[edit]References
[edit]External links
[edit]- The Guardian, 23 June 2009, Canada: Where bank charges are usual