Meaning of the word: Penalty fee
A penalty fee indicates financial penalty for failure to comply with the conditions of the client´s side. Penalty fees are listed in the tariff of each bank, with should the client knows before conclusion of the contract. The sanctions may occur, for example, while delaying the scheduled repayment of overdraft loan.back to dictionary >
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Pension is a old-age pension, which is paid from the pension insurance scheme within the pension system. The pension is paid in monthly installments…go to the dictionary >
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