Banking Licenses Sold!

[Fish]

I'm forever blowing bubbles,
Pretty bubbles in the air,
They fly so high,
Nearly reach the sky,
Then like my dreams
They fade and die.
Fortune's always hiding,
I've looked everywhere,
I'm forever blowing bubbles,
Pretty bubbles in the air.
When shadows creep,
When I'm asleep,
To lands of hope I stray!

[Ido]

Originally Posted by Fish

I'm forever blowing bubbles,
Pretty bubbles in the air,
They fly so high,
Nearly reach the sky,
Then like my dreams
They fade and die.
Fortune's always hiding,
I've looked everywhere,
I'm forever blowing bubbles,
Pretty bubbles in the air.
When shadows creep,
When I'm asleep,
To lands of hope I stray!

Thats so sweet

[thoreau]

Originally Posted by Ido

Thats so sweet

Been sweet for years.

http://en.wikipedia.org/wiki/I'm_Forever_Blowing_Bubbles

[Encicra]

They are more or less "item banks" your items are stored until you pay back your loan.

The reason they can't be banks is because banks have many types of accounts which gain interest for the person who deposits money into the accounts. Banks then turn around and reinvest that money to make themselves a higher profit.

Pawn Shops were the first form of banks were they not? So techinically I guess you could call these banking lisences but if you really think about it, not really.

[Ido]

Why not make these banks have the ability to open savings accounts ?

I would open up a saving account at ND's put up say 20,000 ped an intrest of 3% a year (i think thats what it is in RL Banks) would give as much as 600 ped a year !!

Neverdie could Reinvest the money !! buy LA's Rare items etc ... to make even more profit so he could payout my % ....

personaly i wouldnt go for 3% because i can reinvest my money ingame myself ... and make a better % of it (much easier then i would in RL) but its just a thought

Ido

[thoreau]

Originally Posted by Ido

Why not make these banks have the ability to open savings accounts ?

I think MA said this type of feature could be added IF the owner of the license is legally allowed to operate as a bank.

[Scoutman]

I forgot to mention, I give the credit to Telik for this feature that has been developed, (I am not certain whether Mindark had this comming before), but Telik's loan services at some point gained enough popularity, perhaps Mindark adopted that idea and implemented it at a more sophisticated way, impartial but substantial.There will be be a high propensity of savings in EU this way. I hope that this feature wont be as scrutinized as the game itself.

[Dr Kevorkian]

Its simple....The Banks will give tt value of an item...Something the market value cant drop on.How else could that POSSABLY protect their investment?In fact,Its gonna be a percentage LESS of the tt value so they cant lose. Doesnt matter how they slice it.The banks are gonna be flat out pawnshops imho

[Dredlord]

big grats! to all the new bank owners and I wish all the best luck in the future

[Dunn]

Originally Posted by Dr Kevorkian

Its simple....The Banks will give tt value of an item...Something the market value cant drop on.How else could that POSSABLY protect their investment?In fact,Its gonna be a percentage LESS of the tt value so they cant lose. Doesnt matter how they slice it.The banks are gonna be flat out pawnshops imho

less than tt, lol yeah right.

On a ml35 they will ive you less than tt as a loan....

Think about what you just said a few times please....