Question 3
Why do banks charge fees?

The Ins-And-Outs of Bank Fees. 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.

Step-by-step explanation:

A possible answer can be:

Charging small fees for a specific service is another way to pay for that service and to help the bank make money. Fees are also used to discourage bad behavior, like making overdrafts.

Step-by-step explanation: from Plato