Author Topic: Banking Service Charge? (Read 1482 times)

D Blaze · « **on:** November 01, 2005, 07:55:00 AM »

With all the money floating around in the world right now in our severely shot economy, why aren't the banks making anything off of holding all that?

Maybe institute a removal fee of 10% of what ever is removed as payment to the bank?

You deposit 100 gold, it all goes into the bank.

You withdraw 100 gold, they take out a fee of 10 gold, and you get 90 back.

Same would go for the 1,000 and 10,000, charging 100 and 1,000 respectively.

You remove everything, it removes 10% of the whole amount you have *rounded up*.

D Blaze · « **Reply #1 on:** November 01, 2005, 08:01:00 AM »

I just realized this would just promote more 'hunting' to get whatever amount is required, so perhaps another alternative should go as well:

A 10% drop in the amount of gold dropped by all enemies. this won't matter too much close to Hlint as it would amount to a few gold here and there, but it would make a bigger difference where one good spawn somewhere on Central could feed a few Hlintites for a month or more.

Edit: If people are that desperate to grind through a whole continent for gold to buy one really good item right away, they are gonna get caught for doing one of the 'Big No No's' in Layonara: Powergaming

Guardian 452 · « **Reply #2 on:** November 03, 2005, 07:49:00 AM »

Banks if anything should give interest. But that wont happen.

If they start charging a % of what you leave.... people will store gold at home in chests (im told some do already)

Chrys Ellis · « **Reply #3 on:** November 03, 2005, 08:14:00 AM »

Yes, the whole reason banks have savings accounts is because they get to use your money to make money before giving it back to you. Charging people to take money out of their accounts would lead to a lot of stuffed mattresses, or, in our case, chests and crates.

Harlas Ravelkione · « **Reply #4 on:** November 03, 2005, 08:17:00 AM »

Remember the times we are in. I am not so sure the banks of medieval times did anything but to keep people's money safe for them.

Wintersheart · « **Reply #5 on:** November 03, 2005, 10:54:00 AM »

Quote

Chrys Ellis - 11/3/2005 5:14 PM

Yes, the whole reason banks have savings accounts is because they get to use your money to make money before giving it back to you. Charging people to take money out of their accounts would lead to a lot of stuffed mattresses, or, in our case, chests and crates.

AYE!

And that will lead to even more pressure on the reimbursement forum when chests don't close etc plus possible arguments if money go missing.

Doc-Holiday · « **Reply #6 on:** November 04, 2005, 10:48:00 AM »

Banks of this era charged for the service of protecting your money. It was very often a wealthy noble or family that allowed people to store their valuables.

Zhofe · « **Reply #7 on:** December 04, 2005, 04:11:00 PM »

Well, how about this.

The bank charges a fee for putting money in, and then gives an interest percentage every few game days.

ZeroVega · « **Reply #8 on:** December 04, 2005, 04:58:00 PM »

Quote

Zhofe - 12/4/2005 7:11 PM Well, how about this. The bank charges a fee for putting money in, and then gives an interest percentage every few game days.

Zhofe,
At one point I had over a million gold in Tath's bank account. I probably had all of that gold for a few months. Now even if it was just 1% per week, I'd have been raking in 10k per week, and by the time I withdrew it to buy my tower would have had roughly 120'000 extra gold from interest. People's gold is already sitting in the banks. It's not moving around/out of the economy. The only thing interest would do would be to put more gold into the economy that people don't even have to work for. Just my opinion though.
ZV-

Zhofe · « **Reply #9 on:** December 04, 2005, 06:28:00 PM »

Right ... sorry, forgot the economy was a bit skewed at the moment.

Perhaps if a tax system is ever implemented the interest would be a nice addition aswell ...

darkwulf365 · « **Reply #10 on:** December 04, 2005, 07:06:00 PM »

Taxes are an interesting concept, but what could the taxes be based upon? *read that to say 'How can the non-lawful characters cheat the tax man'*

Zhofe · « **Reply #11 on:** December 04, 2005, 08:28:00 PM »

I'd say a percentage based on wealth in the bank (income, with interest to get people to keep it there) property (i.e. houses) and crafting (a cost to craft) ...

I would say having points in bluff or pick-pocket would allow for a roll to lower the percent. It would be tough to script, but I think it would be good for the economy.

Bryantiza · « **Reply #12 on:** December 05, 2005, 12:55:00 AM »

Hmm i'm not about this. If tax and everything, interest is introduced...I wouldn't see why I should play layonara, as I could just go out, and get a life, and recieve all these confusing things there too. Although Layo strives to be realistic..surely it isn't striving to BE real life? People play to relax, talk to friends and have a good time... if tax and interest and all other stress producing stuff is introduced...I feel people will be too busy running around getting stressed and hoping they have enough money to last them until the next pay day...

Thats just my opinion though...

Zhofe · « **Reply #13 on:** December 05, 2005, 02:58:00 AM »

Well ... two of those three things are optional (crafting and housing).

It would allow the GMs to put limits on the world ... but the difficulties may make it more trouble than it is worth. I know there was a suggestion of taxes before though, and that is why I brought it up.

D Blaze · « **Reply #14 on:** December 05, 2005, 05:37:00 AM »

Giving interest would be one of the bad ideas of the system I originally suggested.

But it seems like my subtraction in gold-per-spawn worked sorta.

Idea:
Again, banking charge.

The reason this time is a bit more creative though than just to lessen the amount of gold in the world.

Seeing as how Blood's forces are getting closer and closer, and the threat is forcing the continent to pump more and more money into war preparations (players are exempt from this and give only voluntarily during such things like Milo's War Collection), the banks should start collecting a 'War Tax'.
A small forced amount of all gold from all transactions (at the behest of the Mistone Government) will be taken to go to the effort whether the character wants to or not.
It is true that some people store their gold in their house, but that means you have to have access to a house first, otherwise you have to carry all your money on you.

Remember, the war vs. Blood hits everyone, great or small, and this is one way that it can be done to make the idea hit home.
I know people won't like it, but you aren't supposed to, you are supposed to be supporting your side of the battle fight for your life.

If Blood wins because you didn't want to cough up your fair share of the gold, then you are just as responsible for helping him.
If Blood wins, but you donated all you could, then you have a clearer state of mind despite being totally.....well.....you get the idea.
If Blood fails and you donated, be happy you helped.
If Blood fails and you didn't donate, you're a freeloader.

My opinions all, but you have to admit, they kinda work.

Guardian 452 · « **Reply #15 on:** December 06, 2005, 06:57:00 PM »

The king and queen could say that 5% of everyone bank account will be taken for the war fund... why should players be exempt from this? Its win win.... we get gold out of the economy... and helps fight the good fight.

And some cary all their gold on them now..... *shrugs*

I would sure hate to hear that the reason Blood won was that not enough people forked over their moldy gold.

Etinfall · « **Reply #16 on:** December 06, 2005, 08:06:00 PM »

Quote

Bryantiza - 12/5/2005 2:55 AM

Hmm i'm not about this. If tax and everything, interest is introduced...I wouldn't see why I should play layonara, as I could just go out, and get a life, and recieve all these confusing things there too. Although Layo strives to be realistic..surely it isn't striving to BE real life? People play to relax, talk to friends and have a good time... if tax and interest and all other stress producing stuff is introduced...I feel people will be too busy running around getting stressed and hoping they have enough money to last them until the next pay day...

Thats just my opinion though...

this wouldn't be for realization, it would be to help Layo's economy. We need to think of the long run. How to get some of the gold out of circulation. If adding a tax would make Layo too real for you then I want to know what country you live in. I mean we killed off all the dragons here in the USA years ago. Now if I want to see one I have to resort to Layo.

Etinfall

...is realization a word?

D Blaze · « **Reply #17 on:** December 06, 2005, 08:27:00 PM »

Cole, realization is a real word if you believe it is

Variable · « **Reply #18 on:** December 06, 2005, 08:50:00 PM »

*nods sadly* yep, the dragons were killed off with the passenger pigeons here...

...now back on topic, one thing about this, is that when you need to collect a large amount of money for (ex. guild, guild hall etc.) 5% of what you need would be an astonishing amount of gold. I know that i have around 180,000 in my bank account which is for a guild, 5% of that would be 9000 of that.

and if there was a service fee for using the bank, i know i would rarely or ever use it since i have a house in which i could save gold.(again another issue there)

I think the best way to remove gold from te economy would be increase the prices of all the little things people have to buy, (gem polish, food, shovels, picks etc...) Just a small increase would work since there would be little or no way to avoid it, these are things that people need.

Guardian 452 · « **Reply #19 on:** December 06, 2005, 09:10:00 PM »

534,296/1,500,000 Gold Pieces collected thus far.

I dont see this figure being reached with out some type of manditory donation being enforeced.

All I know is when the dusts settles and Blood reigns supreme I don't want to hear it was because we had a bunch of tightwads who wouldnt help fund the cause to beat him.

LOL