Moneta Bank News, Headlines, Announcements

[Midori Fairlona]

Originally Posted by Moneta Banker

In the near future plans of the virtual bank, we see an offering of the standard services. In the process of development we will try to offer unique services, which will appeal to the players of the Entropia Universe of any country in the world.

Welcome to Entropia Forum, Moneta Banker.

I will be interested to see what additional services you will be offering in the future.

[Kedzior]

Originally Posted by Aziphirael

Might be an idea to check the interest rates of the other banks as both Bank Neverdie and Anshe Bank are now charging the equivalent to 99% APR, which is about 8% per month. So Moneta's in the current ballpark.

Right I checked it and Argus bank and Anshe bank charge 45%/year, ND and Moneta 99%/year.

It looks like a cartel to me.

Suddenly after VU 2 banks charge 45%/year and two other 99%/year? Im sure there is a deal between bankers.

[Midori Fairlona]

Originally Posted by Kedzior

Right I checked it and Argus bank and Anshe bank charge 45%/year, ND and Moneta 99%/year.

It looks like a cartel to me.

Suddenly after VU 2 banks charge 45%/year and two other 99%/year? Im sure there is a deal between bankers.

The changes were made before the VU and Anshe bank followed ND up to 91% before dropping back down to 45% when the Argus bank didn't move any higher. It isn't very hard for 4 bankers to walk to each others' banks to check their competition.

It is like new players seeing how much sweat is selling for and trying to sell for the same price. Do you regularly visit Twin and PA trading areas to shout "Don't buy sweat from these cartels! They are trying to rip you off by charging the same price!"?

Somehow I doubt it.

[chielsen]

No offense, but i would have very much reservations using a payment system of a russian bank. You just live in the wrong country to be an internetbank.

[Pheonyx]

Originally Posted by chielsen

No offense, but i would have very much reservations using a payment system of a russian bank. You just live in the wrong country to be an internetbank.

Better than an American bank i suppose.

[Ime]

Originally Posted by Pheonyx

Why would such a person simply not do this via a bank in the real world, which would be cheaper?

Just imagine you want to buy a hangar and you lend money from a real bank for 11k$, so let's say about 110k ped (it's the max you want to pay for a hangar).
So you deposit it and bid on that hangar ... 100k, another person bid for 105k, so you bid all your money : 110k, and this another person bid for 115k ped : you missed that hangar.
So now yay ... you've got 110k ped on your account with nothing to do with it really.
And now what you do ? You say your RL bank ... err sorry but i didn't get my hangar, can i give your money back ?

If you take into account the fee for deposit and withdrawl, you'll see you could have gained a lot of money by lending from an ingame bank. And you'd have gained a lot of time too.

And this isn't apply only for hangars but for high priced items too.

[Apple GREEN]

Originally Posted by chielsen

No offense, but i would have very much reservations using a payment system of a russian bank. You just live in the wrong country to be an internetbank.

I think your impression of Russia is still from "The good old days"...things changed

[chielsen]

Maybe, but I guess i'm not the only one who would use ANY other EU based bank over a Russian one..

[Blake Seven]

Originally Posted by chielsen

Maybe, but I guess i'm not the only one who would use ANY other EU based bank over a Russian one..

For someone with a less than squeeky clean past you sure are quick to point fingers without substantiation or fact.

[In Love With]

Originally Posted by Apple GREEN

I think your impression of Russia is still from "The good old days"...things changed

lol, omg are you naive !!

too right, things have changed ... My arse !


Angel