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S1kr is 100% correct; these fees are sometimes called line fees...

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    S1kr is 100% correct; these fees are sometimes called line fees or commitment fees. Banks have to hold regulatory capital against these commitments even if they are not drawn. Like every other business, banks need a return on the capital and so charge a fee. They exist on every corporate facility.

    The purpose of this site is to share knowledge and understanding. Why have a crack at someone who is trying to be helpful by sharing their expertise with you?
 
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