BANKING GENERAL KNOWLEDGE
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
interest, commission, maintenance fee
|
|
|
opening fee, monthly fee, fee for withdrawing money
|
|
|
opening fee, monthly fee, dividend
|
Detailed explanation-1: -Monthly maintenance/service fees. Even if your bank doesn’t require a minimum deposit, it may still cost you just to have the account open. Many banks charge a monthly maintenance, or service, fee to their customers just for having an account. They can range anywhere from $4 to $25.
Detailed explanation-2: -A monthly maintenance fee (sometimes called a monthly service fee) is money a bank charges you for working with the company. The fee is usually automatically withdrawn from your account each month. In some cases, you’ll pay the fee no matter what. But many banks let you waive the fee if you meet certain requirements.
Detailed explanation-3: -A savings account withdrawal fee is charged when you make more than the specified limit of monthly withdrawals from a savings deposit account. This is typically a flat fee, meaning it doesn’t matter how much money you withdraw-your bank or credit union will still charge you the same amount.