What is a check fee?


What is a check fee? A returned check fee or non-sufficient funds fee is a fee banks can charge to recoup some of the administrative costs of attempting to process check transactions. Returned check fees can also be used to discourage you from writing bad checks.


What are examples of fees?

Most often, fees are the payment one makes for service, both basic—mowing a lawn, for example, and complex—like drafting a will or preparing your taxes. Sometimes there is more than one fee charged for a service (i.e., buying a plane ticket for X amount of money, but getting hit with luggage fees and travel fees).