Question

While the law states that free checking accounts cannot have minimum balances or per-check fees, there are other fees and penalties that are allowable. Research the allowable fees and penalties on all types of checking accounts, and on free checking accounts specifically. Make a list and explain the purpose and cost of each.

Answer 1

This is like algebraic banking math... like AP stuff and Im just a freshman but all I know is that if you deposit a check that bounces your bank can charge you a fee. same with atm free reimbursements.