bank charge


bank charge
The amount charged to a customer by a bank, usually for a specific transaction, such as paying in a sum of money by means of a cheque or withdrawing a sum by means of an automated teller machine. However, modern practice is to provide periods of commission-free banking by waiving most charges on personal current accounts. Business customers invariably pay tariffs in one form or another.

Big dictionary of business and management. 2014.

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  • bank charge — noun A bank s periodic charge to a customer for handling transactions • • • Main Entry: ↑bank …   Useful english dictionary

  • bank charge — UK US noun [C] usually plural ► BANKING an amount of money that a customer pays to a bank for its services: »The final bill for the overdraft, interest, and bank charges was $16,000. »He made a formal complaint about the level of the bank charges …   Financial and business terms

  • Bank charge — In the United Kingdom, bank charges, also (inaccurately) [So held Mr Justice Andrew Smith in Office of Fair Trading v Abbey National and Others (2008)] called penalty charges, are made against people s credit card, store card, bank and some other …   Wikipedia

  • bank charge — /ˈbæŋk tʃadʒ/ (say bangk chahj) noun a charge for bank services debited to a customer s account …   Australian English dictionary

  • bank charge — The amount charged to a customer by a bank, usually for a specific transaction, such as paying in a sum of money by means of a cheque or withdrawing a sum by means of an automated teller machine. However, modern practice is to provide periods of… …   Accounting dictionary

  • charge — The document evidencing mortgage security required by Crown Law (law derived from English law). A Fixed Charge refers to a defined set of assets and is usually registered. A Floating Charge refers to other assets which change from time to time (… …   Financial and business terms

  • Bank of England — Bank of England …   Wikipedia

  • charge card — ➔ card * * * charge card UK US noun [C] ► COMMERCE a card that is linked to a charge account: »A charge card offers no credit and the full balance must be repaid within a specified period after receiving the bill. → See Note BANK CARD(Cf …   Financial and business terms

  • Bank Of America — Logo de Bank of America Création 1929 : Bank of America 1874 : NationsBank Dates clés …   Wikipédia en Français

  • Bank of america — Logo de Bank of America Création 1929 : Bank of America 1874 : NationsBank Dates clés …   Wikipédia en Français