Question

Which of the following results in a bank fee that is passed on to the customer?

A) Non-sufficient funds.
B) Over payment.
C) Refunds.
D) Late payment.

Answer 1

Non-sufficient funds (NSF) occurs when a customer tries to make a payment or withdrawal, but they do not have enough money in their account to cover the transaction. In these cases, the bank may charge a fee to the customer for the failed transaction.

Step-by-step explanation:

The correct answer is A) Non-sufficient funds.

Non-sufficient funds (NSF) occurs when a customer tries to make a payment or withdrawal, but they do not have enough money in their account to cover the transaction. In these cases, the bank may charge a fee to the customer for the failed transaction. This fee is known as an overdraft fee or insufficient funds fee, and it is passed on to the customer.