answersLogoWhite

0

What else can I help you with?

Continue Learning about Finance
Related Questions

What is bank services charges?

it is the value of what you are offered in the bank.


What is the journal entry for bank services charges?

[Debit] Bank service charges xxxx [Credit] cash / bank xxxx


What are bank charges?

Bank charges are fees that banks impose on customers for various services and transactions, such as account maintenance, overdrafts, wire transfers, and ATM usage. These charges can vary widely depending on the bank and the type of account held. They are designed to cover operational costs and generate revenue for the bank. Customers are typically informed of these fees through account agreements and statements.


What fees do banks charge for various services?

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.


How should unrecorded bank services charges be treated on the bank reconciliation?

On a bank reconciliation. What should the amount of an unrecorded bank service charge be?


What is the definition of a bank rate?

A bank rate is a set charge that a bank charges for it's different offers the bank has set for the use of their services.


What services do Karur Vysya Bank offer?

There are many services that the Karur Vysya Bank offers. Examples of services that the Karur Vysya Bank offers includes online banking services and e-commerce services.


How IT might have been put to use in the various services provided by the bank?

How IT might have been put to use in the various services provided by the bank?


Why Bank charges debited by bank?

Banks charge fees for various services to cover operational costs and generate revenue. These charges can include account maintenance fees, transaction fees, ATM usage fees, and overdraft fees. Additionally, banks may impose charges to encourage responsible banking practices and to manage the services they provide. Understanding these fees helps customers make informed decisions about their banking choices.


What services are offered at the New Century Bank?

The New Century Bank's services consist of of several bank-based services. Some examples include providing mortgages to homeowners, and loans to businesses.


Which services of military banking are offered by Bank of America?

There are many services of military banking offered by Bank of America. Examples of military bank services offered by Bank of America include special discounts and student loan contracts.


What kind of services are available at Capital Bank?

There are many kinds of services that are available at Capital Bank. Some examples of these services include personal banking, such as mortgages, and business banking, such as loans.