Bank of Heruvia
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 Bank of Heruvia
| |
| About | |
|---|---|
| Leadership | The High Council |
| Headquarters | Heruvia |
| Founded | 2020 |
| Public? | No |
| Status | Unknown |
|
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Overview
The Bank of Heruvia is currently a planned branch of the Heruvian Banking System tailored to fit the needs of MCO.
Intro
Welcome to the Bank of Heruvia! We currently offer savings/checking accounts and limited access to loans! The current interest rate for regular savings accounts are 2% (Subject to change) and loans are given out on a case-by-case basis.
How does it work?
Simple! Just contact a banker within the Bank of Heruvia (List of certified bankers to be formed) and they will inform you of the options that our bank has to offer. They will lead you to a secure location where deposits or withdrawals can safely be made.
What do we offer?
Currently we offer saving/checking accounts (lumped into one) and limited loans.
Savings/Checking
- A regular account currently gains 2% interest per month*.
- New players (>100 hours or >2 months playtime) are eligible for the Newcomer savings account (not eligible for checking), which gains 4% interest*.
- Regulars may be eligible for a savings+ account which has a small one time opening fee, which would allow them a higher deposit limit and possibly higher interest on their account.
- Players can write cheques if they have a regular account or savings+ account. Penalties will be incurred from players who overdraft.
- Loans will be given on a case-by-case basis, with multiple factors including reputation and other players' input used as variables for the maximum loan eligible. Collateral will be needed in most cases.
* Conditions apply. Subject to change at any time.