An amount charged by a bank to compensate for the costs incurred by the institution in connecting with the customer (the fee a bank charges for administrative expenses including the costs for establishing and maintaining the variable account option) and thus at the same time – to ward off inoperative accounts. – For many institutions, especially smaller ones, these fees represent a permanent, virtually constant and therefore predictable source of revenue (revenue stream) from which a good part of the fixed costs (capacity costs) can be covered. – See write-up fee, processing fee, fixed fee, bait offer, customer, ramp, overnight deposit account.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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