bank referral charges

[Blackhorse B]

Hi
what do banks charge referral fees for? ive noticed them on my account and am not sure what its for?

 

[ClubMan]

Bounced or overdrawn cheque, direct debit or standing order payments for example.

 

[Blackhorse B]

so if you exceeded your overdraft limit would that incur a referral charge?

 

[ClubMan]

You should check the terms & conditions and tariff of charges applicable to your account to be sure about when various charges apply.