Account Fee

Account Fee

An annual fee that a brokerage, bank, or any other organization assesses on all accounts for the ability to keep an account at that organization. An account fee compensates the organization for the cost of keeping the account open. See also: Inactivity fee, Maintenance fee.
References in periodicals archive ?
Bitcoin IRA and BitGo Trust company will also be waiving the first year's account fee for a limited time.
The FolioFirst account fee will be waived until Aug.
Accept credit cards today with $0 Setup Merchant Account Fee - No Contract or Cancellation Fees.‎ Arcadia Merchant Services offers a variety of services including merchant bank processing, cash advance as well as guaranteed check acceptance.
The Guisborough company appears in the PR Week list of the Top 50 Digital Agencies in the UK and is the only North-east based company to be named in the list which takes into account fee income for digital based projects including web development, digital content and social media.
This deal is Bank of England base rate plus 2.99% and has an arrangement fee of pounds 799, which can be added to the loan, plus a mortgage account fee of pounds 245 payable on completion of the loan.
Commonwealth Bank (CBA) will remove the overdrawn account fee on its Pensioner Security transaction account from 1 November 2007.
When Burks opened the account, the only fees that were discussed were a monthly account fee and per-check chargest, he said.
Eliminating minimum account fee: Clients no longer have to pay the minimum account fee of $60 per year.
Transparency is key to getting members comfortable with the monthly $1 checking account fee at Local Government FCU.
Is this why my monthly account fee is going up 66%?
The Mortgage Account Fee will have to be paid by all new mortgage customers, even those who opt to pay a higher interest rate to avoid paying arrangement fees.
The arrangement fee is pounds 999 and there is a mortgage account fee of pounds 245 payable on completion.