that's how they make money
Bank charges are fees charged by and received by the bank. Government taxes and duties are fees withheld by the bank and forwarded to the respective government.
Banks usually call these charges "fees".
Debts that can be incurred at a bank include defaulting on a loan, overdrafts and overdraft fees, unpaid account fees, interest on unpaid loans and fees for custom banking features. One of the most common debts associated with banks is the ATM / automatic tell machine fees.
interchange fees
Fee income is the income that is generated off products such as NSF or Overdrafts, account service charges, etc. These fees are generally pure profit and very lucrative to banks
interchange fees
No. While most catalogue retailers are not subject to the same regulatory framework as are banks, those retailers are limited in the maximum interest rates they are allowed to impose on customers. Fees, however, are not limited with the catalogue scheme because catalog shopping is not the only way to go shopping and, therefore, those fees are considered "convenience" fees for the catalogue providing you with the service.
To reclaim bank charges, one needs to contact the personnel affiliated with their specific bank. Some banks are more flexible about reimbursing for fees that are deemed to be unfair.
I have overdraft protection, so my bank covers overdrafts instead of bouncing checks. This is useful because I have several auto-pay accounts, and I don't keep track of them well. However, overdrafts are charged to me at a rate of $30 a pop- if I had 120 overdrafts, that would be $3600. Just how disorganized is your checkbook? H-m-m-m?
Some fees that Hong Leong Bank may charge its checking customers include monthly account maintenance fees, overdraft fees, returned check fees, and stop payment fees. It is important to refer to the bank's fee schedule or contact their customer service for the most accurate and up-to-date information on fees.
That depends on what type of licence and if its initial application or a renewal. Also individual counties and cities may impose additional licence fees on top of what the state itself charges. The state fees are posted on their website.
Services charges and fees vary from bank to bank, so it is impossible to say. For example, some banks now implement a charge for mailing paper statements, something that was unheard of until recent years. From what I have seen, those charges range from $4 to $10 a month.