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NSF Fee
(redirected from Nonsufficient Funds Fee)

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NSF Fee
A fee one must pay in the event that one bounces a check. For example, if Joe writes a check to Bob for $500, but there is only $400 in Joe's checking account, Joe may have to pay an NSF fee to his bank to discourage him from writing bad checks.
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Nonsufficient funds fees decreased $114,000, and loan fees decreased $74,000 for the quarter ended June 30, 2007 compared to the prior year but were partially offset by an increase in interchange fees of $72,000.
Capital Bank Corporation Reports Second Quarter Net Income of $2.7 ... by PR Newswire
 
 
 
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