I am in the 6th grade and in "tech" I am learning about money maniging and I forgot all off the fees for acounting. there is one that has to do with "if you write to mant checks and you don't keep a record of them you get charged". What is that one called?

Question

I am in the 6th grade and in "tech" I am learning about money maniging and I forgot all off the fees for acounting. there is one that has to do with "if you write to mant checks and you don't keep a record of them you get charged". What is that one called?

Probably "insufficient funds" -- that is you don't have enough money in your account to cover the checks you've written.

=)

It is close to that but I think it starts with a "D".

How about an over draft fee

When one writes more checks than allowed in a limited check writing account, a "service" fee is imposed.

Answer 1

The term you might be thinking of is "deposited item returned fee" or simply "returned item fee." This fee is charged when you write checks without having enough funds in your account and the bank returns them unpaid. It's important to keep a record of your checks and monitor your account balance to avoid this fee.