Epstein Index›Documents›EFTA01583728
💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01583728: Allowance (DS10)

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This document is a JPMorgan Private Bank fee agreement describing how the bank calculates an earning credit or fee allowance on aggregated business checking account balances. The allowance is netted against maintenance and service fees, with additional charges applied to the primary business checking account if the allowance is insufficient to cover services used.

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Excerpt 1
I LINKING JPMorgan Private Bank calculates an earning credit/fee **allowance** on aggregated business checking account balances.
Excerpt 2
This AGREEMENT **allowance** is netted against fees for maintenance and services used. as listed on my current fee schedule.
Excerpt 3
If the fee **allowance** is not sufficient to cover the services used, a fee is charged to the primary Business Checking Account.

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