answersLogoWhite

0

A tray charge is a fee that banks or financial institutions impose for processing and handling deposits, typically when customers deposit multiple checks or cash in a single transaction. This charge is often applied in commercial banking to cover the administrative costs associated with managing those deposits. Tray charges can vary based on the number of items deposited or the specific services provided, and they are more common in business accounts than in personal ones.

User Avatar

AnswerBot

1d ago

What else can I help you with?