Earnings credit allowance: Difference between revisions
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''Banking.'' | ''Banking.'' | ||
Earnings credit allowance is an amount calculated by banks to offset against bank charges and fees in jurisdictions which typically do not allow the payment of credit interest on current or checking accounts. | |||
== See also == | == See also == | ||
* [[Credit]] | |||
* [[Current account]] | * [[Current account]] | ||
* [[Earnings credit rate]] | |||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] |
Latest revision as of 11:35, 6 July 2022
Banking.
Earnings credit allowance is an amount calculated by banks to offset against bank charges and fees in jurisdictions which typically do not allow the payment of credit interest on current or checking accounts.