20.7k views
0 votes
3.5.1 Why do banks charge transaction fees?​

2 Answers

6 votes
i miss brown hair color all the way better and internet is a little more expensive for me to do that one ☝️ w.
User Mornor
by
3.3k points
4 votes
To make a profit and pay operating expenses, banks typically charge for the services they provide. When a bank lends you money, it charges interest on the loan. Even fee-free checking and savings accounts have some fees.
User Wjtk
by
4.0k points