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Which of these is not an example of a bank fee that is charged when opening and using a checking account? a.Service charge b.Minimum check-writing fee c.Overdraft charge d.Minimum balance charge

User Remcycles
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Which of these is not an example of a bank fee that is charged when opening and using a checking account? A. Service Charge

User Alirabiee
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Answer:

Which of these is not an example of a bank fee that is charged when opening and using a checking account? a.Service charge b.Minimum check-writing fee c.Overdraft charge d.Minimum balance charge

Step-by-step explanation:

Service charge, is an additional cost per service in those points of sale in which the customer receives personalized attention.

Minimum check-writing fee, often, when an inexperienced client requests the issuance of a bank check at his bank, he is surprised at the commission charged by him, and the minimum rate to request the money. However, this commission has to do with the level of guarantees offered to the recipient of said check.

Overdraft charge, is defined as the amount of money that a depositor, whether a person or a business entity, owes to a bank as a result of checks that it has issued in excess of its balance or deposits in a current account.

Minimum balance charge, depending on the account that the client wants to open, the bank can demand the payroll, the pension, the unemployment benefit or a minimum income. The bank wants to make sure that money comes into the account on a regular basis.

The answer is: a.Service charge.

User MatzFan
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