Bank System for In-game Currency

**GreenLord** · 02-19-2015, 04:36 PM

In banks, you can deposit or loan money. When you deposit money into the bank, it will stay there, and every year, the money will gain a bonus amount. This is interest. When you loan (or borrow) money, you have to pay back the amount borrowed, plus interest, a percentage of the loaned money, per month.

I think this system would be useful for AL, and the other Legends games. Some people aren't willing to farm hours and hours to get gold. This bank system is going to be an upgrade on the stash. This bank system, explained above, will help those people, and make stashing money more useful. I will explain how you would use it in the game below.

DEPOSITING
When you stash your gold, it will automatically start to accumulate. The gold will increase by...2% per hour. There will be a countdown that will say the time left to gain interest. If you withdraw the gold before the hour is complete, you won't gain the bonus from that hour. Your interest amount will be next to the original amount, like 100 (+10). The interest keeps on piling, even if you are offline. This can be useful when you are in school, on a vacation, or taking a break.

LOANING
You can borrow up to 1 million from the bank. Every hour, you will have to pay at least 2% of the amount borrowed, plus a additional 2% interest. You can borrow amounts of either 1000, 10k, 100k, or 1 million. When you get a loan, your gold in your inventory will automatically drain each hour. If you don't have enough money to pay back, you will be banned from using the bank, and your deposited gold will disappear. The amount you need to pay back will be displayed by a icon on the left side of the screen, displaying the money left to pay. You can get loans from a NPC named Robert the Banker next to the stash.

I really wish this could be implemented for the legacy games too

**carmine_blade** · 02-19-2015, 07:08 PM

2% an hour? that's huge! and given the number of players with millions stashed away I can't see the benefit of this. If you had a million gold, and stashed it for 24 hours on compounding interest, you'd get over 250k. this will just flood the market with gold causing massive inflation.

If you borrowed the gold, there'd be absolutely nothing to stop you giving that gold to another player then deleting your account.

A guild bank, however... has some possibilities for trusted guildmembers, perhaps officers only.

**GreenLord** · 02-19-2015, 07:58 PM

I do want this to be avalible to every player, in guild or guildless. Maybe if you get a loan, you can't transfer it to another person or character.

**Omisace** · 02-20-2015, 01:04 AM

What will happen would be like this:
-make guest account
-borrow 1m gold from bank
-open main account on pc or a different gadget
-transfer 1m gold to main alt
-delete guest account
-rinse & repeat

Scammers be like "Imagine all the possibilities..."

**Twix** · 02-21-2015, 05:03 AM

do you really want to destroy this game?

**Hail** · 02-21-2015, 05:36 AM

I do like the idea however as others said it is risky.
Perhaps a new currency could be inserted for this purpose only. This is not trade able (like plats) however you can buy items within the cs with this. 10 gold = 1 (new currency).
The idea is still raw however perhaps it could be fixed.
Also lower the interest rate.

**TheComboKid** · 03-02-2015, 11:24 AM

I do business in class and I can tell straight away that there will be a MASSIVE inflation in the currency.
Day 1: Let's say I have 2m in my bank account. Bank system kicks in: 2% an hour
Day 2: I leave the money there for 24 hours. Waits...
Day 3: SHAZAM!!! I made 960k by doing nothing!!

This 960k is a huge profit considering you didn't even work for it. And imagine the market prices...my God.

**Candylicks** · 03-02-2015, 12:08 PM

I would love guild bank, allow people to borrow items but then it gets returned to the bank automatically after x amount of time.

**GuardianTwo** · 03-02-2015, 01:24 PM

Originally Posted by TheComboKid

I do business in class and I can tell straight away that there will be a MASSIVE inflation in the currency.
Day 1: Let's say I have 2m in my bank account. Bank system kicks in: 2% an hour
Day 2: I leave the money there for 24 hours. Waits...
Day 3: SHAZAM!!! I made 960k by doing nothing!!

This 960k is a huge profit considering you didn't even work for it. And imagine the market prices...my God.

It's 0.2% interest on depositing , and 2% while borrowing... So it would be 96k for the same.
But yeah it would be still creating inflation. Think of guys already having 90-100m+ they won't have to do anything from when this is applied lol, just put everything in bank and reap its goods other day without farming/opening lock etc etc...