Okuzeka
Finance & Banking vocabulary · Accounts & Deposits

Bank charges

Meaning in finance & banking, with examples

nounCore term

In finance & banking, bank charges means: Fees that a bank takes for its services, such as account maintenance, transfers, overdrafts or replacing a card.

In Turkish: banka masrafları, banka ücretleri, ücret ve komisyonlar

How it is used

Common in customer complaints and pricing discussions. Banks apply, waive or refund charges, and customers dispute them. More formal documents use 'fees and commissions' or 'tariff of charges'.

Example sentences

  1. The customer is complaining about bank charges for international transfers.

  2. We refunded the bank charges because the delay was our mistake.

Common collocations

  • refund bank charges
  • waive bank charges
  • account maintenance fee
  • tariff of charges
  • current accountAn everyday bank account for receiving a salary, paying bills and making card payments. It pays little or no interest, and the money can be used at any time.
  • overdraftAn arrangement that lets you spend more money than you have in your current account, up to an agreed limit, usually with interest charged on the negative balance.
  • wire transferAn electronic transfer of money from one bank account to another, often between different banks or countries.
  • transactionA single movement of money, such as a payment, transfer, deposit or withdrawal, recorded on an account or card.

More terms: Accounts & Deposits

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This page explains English vocabulary for learners. It is not financial advice.