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a bank fee vs a commission fee

Both 'a bank fee' and 'a commission fee' are correct phrases, but they are used in different contexts. 'A bank fee' refers to a fee charged by a bank for a specific service or transaction, while 'a commission fee' typically refers to a fee paid to a salesperson or broker for their services. They are not interchangeable as they have distinct meanings.

Last updated: April 06, 2024 • 123 views

This phrase is correct and commonly used in English.

"a bank fee"

This phrase refers to a fee charged by a bank for a specific service or transaction. It is commonly used in financial contexts.

Examples:

  • I was charged a bank fee for using an out-of-network ATM.
  • The bank fee for wire transfers is $20.
  • In order to arrive at a conservative estimate, in the case at stake a bank fee of [...] basis points is added.
  • According to the market practice the benchmark rate established on the basis of CDS spreads needs to take into account a bank fee of approximately [...] basis points [58].
  • And a 3 % Bank Fee has to be added.
  • Please note there might be a bank transfer fee per transaction; this fee may be different depending on currency and type of bank transfer.
  • If you use this service, you avoid a $25 bank transfer fee.
  • My bank demanded a transfer fee of only EUR1.
  • Some banks charge a fee for ATM, about 6 CZK (provided your use their ATM).
  • When such a change takes place before 1 January 2008, banks charge a fee.
  • Also, please note that all banks charge a small fee for some issue debit cards and internet banking.
  • We do not charge a fee for bank wire transfers for orders made through the Sales Channels or Client Relations Centre, however, some financial institutions may charge a fee for using a bank wire transfer.
  • Payments by bank transfer: at least 250 EUR. Has a fee of bank transfers than the minimum amount 25 EUR be paid.
  • It's best to opt for the direct transfer to your account as most banks charge a substantial fee for cashing international cheques - around €30.00 in Spain.
  • For these certificates subscribers paid the bank a one-shot fee varying from EUR 4,50 to EUR 9,30 per certificate, regardless of the amount of the deposit and the maturity.
  • We have proposed a bank levy or stability fee; we have raised the possibility of a financial activities tax as a source for own resources; and thirdly, we are committed to pushing for a financial transaction tax at the global level.
  • No bank fee was charged on either of the two ISB loans.
  • It relates to an alleged bank fee.
  • Look at the bank fee for $62.58.
  • If you pay in Traveler Cheque or VISA & MASTER card, subjected to 3% bank fee.
  • Moreover, FFHG has not paid any bank fee (typically between [5 to 30] basis points [61]).
  • Please note that the registration fee ($100), USPS express mailing fee ($95), processing fee ($150), and bank fee ($35) are not refundable.

Alternatives:

  • a banking fee
  • a fee from the bank
  • a financial institution fee
  • a financial service charge
  • a transaction fee

This phrase is correct and commonly used in English.

"a commission fee"

This phrase typically refers to a fee paid to a salesperson or broker for their services. It is commonly used in business and sales contexts.

Examples:

  • The real estate agent charged a commission fee for selling the house.
  • The artist pays a commission fee to the gallery for each painting sold.
  • Please note: the owner of the payment terminal charges a commission fee for transferring funds to Banca Intesa.
  • With a Banca Intesa payroll card employees of your company are able to effect transactions through ATMs of any banks in Russia and all over the world without paying a commission fee.
  • The payment may be subject to a foreign exchange transaction cost, a commission fee from your bank, or any other bank charges which you would be responsible for.
  • Moreover, granting the guarantee without a commission fee, that is in effect taking on a financial risk without any quid-pro-quo, cannot be described as the behaviour of a market operator.
  • Please note: The bank through which you effect a payment charges a commission fee for transferring funds to Banca Intesa. Don't forget to clarify the amount of the fee when effecting a payment.
  • Please note: the owner of the payment terminal charges a commission fee for transferring funds to Banca Intesa. When performing the operation, pay attention to the amount of the commission fee specified on the terminal screen.
  • Together with the b2c services described above, addressed to the final consumer, we also offer tools and services to operators working in the tourism sector and interested in reselling our products under a commission fee.
  • Please note that you'll have to pay a commission fee if we are able to sell your tickets.For further information please contact us on +431513 11 11 or on.
  • You can withdraw cash without paying a commission fee, or you may transfer it to your bank card (if you have one) or to a third party organization to the details provided thereby.

Alternatives:

  • a sales commission fee
  • a broker fee
  • a service fee
  • a compensation fee
  • a payment fee

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