Multiple Choice, Single Answer (Core)
1 questions. Answer them all, then submit once for your section score.
Read the text and answer the question.
Riverbend Community Bank charges a monthly maintenance fee of $12 on standard chequing accounts unless the customer maintains a minimum daily balance of $1,500. Customers who receive direct deposits of at least $1,000 per month, such as a paycheque, can also have the fee waived. Overdraft transactions incur a separate charge of $35 each, regardless of the account balance requirement being met. Account holders can check whether they qualify for a fee waiver by reviewing their monthly statement, which lists the average daily balance and total deposits for that period.