The term bank charge covers all charges and fees made by a bank to their customers. In common parlance, the term often relates to charges in respect of personal current accounts or checking account. These charges may take many forms, including:

• monthly charges for the provision of an account
• charges for specific transactions (other than overdraft limit excesses)
• interest in respect of overdrafts (whether authorised or unauthorised by the bank)
• charges for exceeding authorised overdraft limits, or making payments (or attempting to make payments) where no authorised overdraft exists