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BANKING TUTORIAL

Many financial institutions charge fees for the various services they offer to customers. It's wise to ask for and review the terms and costs of services in writing before participating in them. Service fees will vary depending on the financial institution.

  • Service Fee - Fee charged for maintaining an account with a financial institution
  • Check Fee - Fee charged for each check you write or for writing more than a specific limit per month
  • Overdraft, Insufficient Funds and Bounced Check Fees - Fees charged if you don't have enough money in your account to cover the checks you've written
  • Stop Payment Fee - Fee charged if you request to have payment on a check stopped
  • ATM Use Fee - Fee incurred for using another financial institution's ATM



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