Welcome! This thread is for a new service I'm starting called the Gold Bank. It's a bank for your gold.
I hear you asking "Why put my gold in a bank?"
Well, a couple of reasons. Maybe you want to manage your spending. Maybe you want to keep your gold safe from certain individuals from obtaining it through less-than-legitimate means. But there's two more appealing reasons: Interest and Loans.
If you open an account with the bank, you can deposit gold. Every week, you will recieve 0.5% interest on the gold in your account. That means if you put 100 gold into your account on the first day of the month, you'll have 102 by the end of the month.
You can also take out loans of up to 1,000 gold from the bank. You'll have to pay back the money you borrowed, plus 5%, after six weeks' time, otherwise you'll begin accumulating debt, at a rate of 0.5% per week. If your loan debt exceeds triple the amount loaned, your account will be closed, and deposited funds will not be returned. You cannot take out another loan until the first is paid.
You may not have more than 100,000 gold in the bank, and you may only deposit 5,000 per day.
To open an account, simply reply to this topic. An initial deposit of 50 gold is required. Subsequent transactions will be carried out via PM.
