3 ms·
They're paid for from the fact that the amount of service that needs to be provided is small, and that in aggregate it could be a decent amount of change that t
by lostcolony 12y ago
They're paid for from the fact that the amount of service that needs to be provided is small, and that in aggregate it could be a decent amount of change that the bank can choose to invest in low risk sectors, or can turn around to offer it as a loan with interest.
In general there is money to be made amidst the fluctuations of deposits and withdrawals, so long as you have additional capital to cover it in case too many withdrawals happen at once.