Any fee charged by bank or other financial institution to cover costs beyond day to day running of an account. This typically involves banks sending letters to customers to tell them they have gone overdrawn.

These charges have been investigated and have banks have gone through the courts. It may be that millions of people have been overcharged administration charges and may be due compensation of part or all of their incurred charges.

Companies offer options to help people to get back their bank charges. Online there are standardised forms that can be used to contact your bank.