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Thread: First ForumGarden Online Bank

  1. #1
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    First ForumGarden Online Bank

    The First ForumGarden Online Bank is open for business. Sometime in the new year there will be additional banking facilities on the site, this is a prototype to see what might happen.

    There is no fine print, the rules are simple:
    All ForumGarden users are entitled to a Bank account. Your account will be opened immediately on receipt of your first deposit to Bank. An immediate credit limit of 100 casino dollars will be set on all new accounts and recalculated automatically as your account history builds up.

    Until further notice your account is single-currency and handles only Casino Dollars. It is vital that you ask if you don't know what a casino dollar is but clicking the "Casino" link in your page header gives a good introduction.

    A statement of account showing your transaction list, current balance, interest payments and current credit limit will be sent by Private Message whenever you ask Bank for one.

    You may deposit Casino Dollars with Bank by clicking "Transfer cash to another player" at the bottom of the "Casino" page and typing the username Bank in the "Donate to" textbox.

    You may request withdrawal of funds up to the available credit limit by a Private Message to Bank. Funds will be transfered within one day.

    Interest will be paid at the First ForumGarden Online Bank Base Rate plus the Paid Interest Margin and charged at the First ForumGarden Online Bank Base Rate plus the Charged Interest Margin.

    The First ForumGarden Online Bank Base Rate is currently ten percent (10%) per year.
    The First ForumGarden Online Bank Paid Interest Margin is currently ten percent (10%) per year.
    The First ForumGarden Online Bank Charged Interest Margin is currently twenty percent (20%) per year.


    Rate and Margin Change Register
    Base 10%, Paid 10%, Charged 20% : 16th December 2008

  2. #2
    I think, therefore I post chonsigirl's Avatar
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    Re: First ForumGarden Online Bank

    Oh, no ATM cards?

  3. #3
    BORN TO BE A RED! abbey's Avatar
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    Re: First ForumGarden Online Bank

    So does this mean the G-Man is a merchant banker?

  4. #4
    Supporting Member along-for-the-ride's Avatar
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    Re: First ForumGarden Online Bank

    Spot.............is that you?
    Life is a Highway. Let's share the Commute.

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    Re: First ForumGarden Online Bank

    Quote Originally Posted by chonsigirl View Post
    Oh, no ATM cards?
    If you'd like to establish a recognized exchange rate between casino dollars and US Treasury dollars then that can be arranged. Until then, not having a network of casino dollar ATMs, there would be few opportunities to use a First ForumGarden Online Bank ATM card.

    If anyone would like to draft First ForumGarden Online Bank Dollar Bills we'll get some printed, how's that? Just don't put George Washington anywhere on it.

  6. #6
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    Re: First ForumGarden Online Bank

    Quote Originally Posted by along-for-the-ride View Post
    Spot.............is that you?
    How on EARTH did you manage that? That's witchcraft!

  7. #7
    I think, therefore I post chonsigirl's Avatar
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    Re: First ForumGarden Online Bank

    Can I be on the $50 bill?
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    Senior Member Odie's Avatar
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    Re: First ForumGarden Online Bank

    Quote Originally Posted by along-for-the-ride View Post
    Spot.............is that you?

  9. #9
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    Re: First ForumGarden Online Bank

    The UK's very different to the US, anyone printing that here would be jailed on sight!

  10. #10
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    Re: First ForumGarden Online Bank

    Register to remove this ad.
    Summary of business activity 16 December 2008

    Accounts open: 1
    Deposits: 800
    Loans: 0

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