Bank charge

Bank charge,

Definition of Bank charge:

  1. A fee levied on an account by a financial institution. A bank charge can result from the account holder not maintaining a minimum balance, for overdrafts, or from any of a wide variety of other banking activities and actions. Also called bank fee.

  2. A fee or commission debited by a bank from a current account for transactions and services carried out; usually in plural.

Meaning of Bank charge & Bank charge Definition