Deposit fees may relate to the product itself or to the distribution of the product.

Name: Deposit fees may relate to the product itself or to the distribution of the product.
Brand: Quizplus
Rating: 4.9 (57 reviews)

Question

Quizplus · Accepted Answer

Deposit fees can be charged by the issuer of the product as well as by the distributor of the product. For example, a bank may charge a deposit fee for a checking account, while a financial advisor may charge a deposit fee for managing a client's investment portfolio.

Deposit Fees May Relate to the Product Itself or to the Distribution