Most demand deposit accounts pay 0% interest.
European currencies, like the Swiss franc, charge to hold demand deposits. Even in the U.S. at major banks, if you have a simple checking account with no minimum balance, the bank will charge a monthly maintenance fee of between $5 and $10.
Lastly, all banks that hold hard assets – such as gold – charge an annual maintenance fee of between 0.75% and 1%. And other hard assets, such as real estate, are subject to property taxes (which are wealth taxes) of between 1% and 2%. And that’s before maintenance costs are considered.
We are a warehousing company. We warehouse aluminum on behalf of investors. And all warehousing companies charge a fee so why wouldn’t we?