Overdraft fee — Unauthorized overdraft fees (sometimes called paid referral fees ) are fees charged by banks on various types of bank accounts, usually current or checking accounts. In the United States alone, overdraft fees bring in billions of dollars every… … Wikipedia
Overdraft — I warn you, Sir! The discourtesy of this bank is beyond all limits. One word more and I I withdraw my overdraft! Cartoon from Punch Magazine Vol. 152, June 27, 1917 An overdraft occurs when money is withdrawn from a bank account and the… … Wikipedia
overdraft — a form of loan by which a person with a trading bank current account is given permission to continue making drawings on the account up to an agreed limit, after the balance has been reduced to nil. Glossary of Business Terms Provision of instant… … Financial and business terms
Fee — For other uses see Fee (disambiguation) A fee is the price one pays as remuneration for services. Fees usually allow for overhead, wages, costs, and markup. Traditionally, professionals in Great Britain received a fee in contradistinction to a… … Wikipedia
Fee Income — Revenue taken in by financial institutions from account related charges to customers. Charges that generate fee income include non sufficient funds fees, overdraft charges, late fees, over the limit fees, wire transfer fees, monthly service… … Investment dictionary
Unavailable funds fee — Overview The unavailable funds fee, not to be confused with the NSF , overdraft , exceed hold or overlimit fees, is a fee that results from a transaction that posts to a negative available balance and a positive physical balance, as applied to a… … Wikipedia
Bank fee — Bank fees come in many forms. There are, for instance, unauthorised overdraft fees; ATM usage fees; fees for having an account balance under the required amount; and so on. Many banks charge a fee for using tellers, in an effort to encourage… … Wikipedia
Advance-fee fraud — African sting An advance fee fraud is a confidence trick in which the target is persuaded to advance sums of money in the hope of realizing a significantly larger gain.[1] Among the variations on this type of scam are the Nigerian Letter (also… … Wikipedia
Debit card — Personal finance Credit and debt Pawnbroker Student loan Employment contract Salary Wage Empl … Wikipedia
Stealth inflation — is the term used to describe charges and fees created by business to gain extra profit and revenue from its customers. The stealth part of the term is that business will often use miscellaneous fees to charge customers without the customers… … Wikipedia
Bank of America controversies — Bank of America has been involved in several controversies and received a wide variety of public criticism. This page details some of the more notable and public issues.Criticism of policiesAccount closures without warningWhen opening a deposit… … Wikipedia