Service charge

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Service charge

A component of some finance charges, such as the fee for triggering an overdraft checking account into use.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Service Charge

A fee a company or bank assesses for providing an unusual service. For example, a bank may assess a service charge if a person who does not have an account withdraws money from that bank's ATM. It is also called a service fee.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The drop in service fees in Dubai's 11 freehold locations is creating a positive impact on real estate investment, however, the key challenge according to property analysts is the market's ability to maintain facilities management (FM) costs at sustainable levels.
United Airlines has announced that it has removed service fees for surfboards for customers traveling to or from California, the company said.
Service fees for deposits and transfers will be significantly reduced in comparison to conventional service rates in the multiple currencies available on Mybitwallet's payment platform.
The measure is aimed at preserving the incentives for the timely payment of air navigation service fees.
As residents went to pick their vehicle registration forms at the security gates in the community entrances, residents were in for a surprise as Emaar put a condition asking landlords to clear their service fees before applying for their acccess cards to enter communities.
Per co-founder of David Boitano "After 25 plus years in the ticket business our clients told us that the one thing they do not like is paying delivery fees and the added service fees at the end of transactions so we have remove those fees."
The company's strong revenue growth was led by CIS with a 60.7 percent and 49.9 percent increase in commission and service fee revenue for the second quarter and half year, respectively.
by submitting the required documents, service fee calculation, etc to DLD); and
Clearly the major opportunities to save costs are in the other areas that build up the total service fee.
THE Comptroller and Auditor General of India ( CAG) has indicted the ministry of civil aviation for allowing the GMR Group- managed Delhi International Airport Ltd ( DIAL) to divert ` 239.69 crore, collected from passengers as service fee, to purchase security equipment which should have been bought with the company's own funds.
Tenants, for example, who have paid their entire rent for a year in one go, have found themselves denied access to the beach and pool because their landlord has not paid the service fee.
29, 2011 (CENS) -- Financial institutions will not have to pay service fee for the ruling of the projected financial ombudsman committee for financial disputes, should they be cleared of any responsibility.

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