bank charges
Financial institution fees
Bank charges are fees that banks impose on account holders for various services or account conditions.
These typically include monthly maintenance fees, overdraft charges, ATM withdrawal fees, and penalties for falling below minimum balance requirements.
I was hit with bank charges after my account went into overdraft.
The term is more common in British English; Americans often say "bank fees" instead.
- feesCosts for services
- service feeCost for assistance rendered
- monthly feeRecurring periodic payment
- overdraftSpending past zero
- overdraft protectionBank-funded balance backup
statement · penalty · insufficient funds · ATM · withdrawal · wire transfer · monthly · interest · transaction · debit · direct debit · account · checking account · savings account · balance · hidden · fine print · waived
- UK Financepound sterling, pound, gilts, FTSE, base rate
- banking costsservice fees, overdraft fees, late fees, transaction fees, annual fees
- bankingATM, ATMs, account, accounts, deposit
- accounting termsassets, cash, expenses, equity, retained earnings
- estate costsestate tax, estate taxes, attorney fees, legal fees, court fees
- financial taxesstamp duty, withholding tax
bank chargesinterest payments
Money owed for borrowing
fee waivers · refunds · sign-up bonuses · savings interest · cashback rewards
bank, banks, banked, banking, banker, bankers, charge, charges, charged