First ForumGarden Online Bank

Bank · Post by **Bank** » Tue Dec 16, 2008 2:40 pm

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

chonsigirl · Post by **chonsigirl** » Tue Dec 16, 2008 2:43 pm

Oh, no ATM cards?

abbey · Post by **abbey** » Tue Dec 16, 2008 2:52 pm

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

along-for-the-ride · Post by **along-for-the-ride** » Tue Dec 16, 2008 2:57 pm

Spot.............is that you?

Bank · Post by **Bank** » Tue Dec 16, 2008 2:58 pm

chonsigirl;1087730 wrote: 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.

Bank · Post by **Bank** » Tue Dec 16, 2008 2:59 pm

along-for-the-ride;1087739 wrote: Spot.............is that you?

How on EARTH did you manage that? That's witchcraft!

chonsigirl · Post by **chonsigirl** » Tue Dec 16, 2008 3:10 pm

Can I be on the $50 bill?

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Odie · Post by **Odie** » Tue Dec 16, 2008 3:12 pm

along-for-the-ride;1087739 wrote: Spot.............is that you?

:yh_rotfl:yh_rotfl:yh_rotfl

Bank · Post by **Bank** » Tue Dec 16, 2008 3:13 pm

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

Bank · Post by **Bank** » Tue Dec 16, 2008 3:21 pm

Summary of business activity 16 December 2008

Accounts open: 1

Deposits: 800

Loans: 0

Carolly · Post by **Carolly** » Tue Dec 16, 2008 4:21 pm

If I could understand it I may fink about it:-5 but I have to invest my money here wisely and need to know its safe and know how much interest im going to make....Im the second richest here and it took alot of hard work and graft to get to my grand position and I need to look after it.:sneaky:

Bank · Post by **Bank** » Tue Dec 16, 2008 4:25 pm

Carolly;1087790 wrote: If I could understand it I may fink about it:-5 but I have to invest my money here wisely and need to know its safe and know how much interest im going to make....Im the second richest here and it took alot of hard work and graft to get to my grand position and I need to look after it.:sneaky:

17546.59 casino dollars a year.

Carolly · Post by **Carolly** » Tue Dec 16, 2008 5:42 pm

Bank;1087793 wrote: 17546.59 casino dollars a year.
Whats that a Month and do you add it Monthy the interest?

Bank · Post by **Bank** » Tue Dec 16, 2008 5:46 pm

Carolly;1087826 wrote: Whats that a Month and do you add it Monthy the interest?

It averages 1,369.10 casino dollars a month and the interest is added daily.

Carolly · Post by **Carolly** » Tue Dec 16, 2008 5:50 pm

Bank;1087828 wrote: It averages 1,369.10 casino dollars a month and the interest is added daily.This is getting interesting and thinking about calling my accountant.So how did you arrive at this sum and what actually is the rate of interest you give.

Bank · Post by **Bank** » Tue Dec 16, 2008 6:04 pm

Carolly;1087830 wrote: This is getting interesting and thinking about calling my accountant.So how did you arrive at this sum and what actually is the rate of interest you give.

It's 20% per year compounded daily. That's some small daily percentage of the previous day's total, added each day, which when you add it for 365 days gives you a 20% increase on your initial capital.

How you get it is shown in example B on Wikipedia's Compound Interest page.

The actual monthly interest payments, it you look at them once a month, are

1,369.10

1,390.47

1,274.55

1,432.06

1,407.14

1,476.37

1,450.67

1,522.04

1,545.79

1,518.89

1,593.62

1,565.89

Carolly · Post by **Carolly** » Tue Dec 16, 2008 6:15 pm

Bank;1087843 wrote: It's 20% per year compounded daily. That's some small daily percentage of the previous day's total, added each day, which when you add it for 365 days gives you a 20% increase on your initial capital.

How you get it is shown in example B on Wikipedia's Compound Interest page.

The actual monthly interest payments, it you look at them once a month, are

1,369.10

1,390.47

1,274.55

1,432.06

1,407.14

1,476.37

1,450.67

1,522.04

1,545.79

1,518.89

1,593.62

1,565.89Oh that explains everything:yh_rotfl...this needs looking at by my money managers so will have to get back to you Mr.Spot.

kayleneaussie · Post by **kayleneaussie** » Tue Dec 16, 2008 11:22 pm

Carolly;1087790 wrote: If I could understand it I may fink about it:-5 but I have to invest my money here wisely and need to know its safe and know how much interest im going to make....Im the second richest here and it took alot of hard work and graft to get to my grand position and I need to look after it.:sneaky:

only cause your a tight wad :sneaky:

Carolly · Post by **Carolly** » Wed Dec 17, 2008 2:59 am

kayleneaussie;1087987 wrote: only cause your a tight wad :sneaky:Yep and a very rich one:D:rolleyes:

Carolly · Post by **Carolly** » Wed Dec 17, 2008 3:24 am

jimbo;1088019 wrote: there is no need for violence ,,,,,hand it over

thanks whelk

carolly is on the poorest list

jimbo buys forum garden and retires to a holiday island paid for with whelks cash :sneaky::sneaky::yh_rotfl:yh_rotfl:yh_rotflDream on Baby:rolleyes:

G-man · Post by **G-man** » Wed Dec 17, 2008 3:59 pm

I'd presume that the Bank uses a very secure login password, yes? :p

Did you notice the bank software on that other forum? Perhaps we could get something like that here in The Garden, assuming business picks up such that it's necessary?

Carolly · Post by **Carolly** » Wed Dec 17, 2008 4:05 pm

G-man;1088427 wrote: I'd presume that the Bank uses a very secure login password, yes? :p

Did you notice the bank software on that other forum? Perhaps we could get something like that here in The Garden, assuming business picks up such that it's necessary?Ang on.....have you shares in this bank?:-3:sneaky:

Chezzie · Post by **Chezzie** » Wed Dec 17, 2008 4:07 pm

Mr Banker has not PM'd me to let me know he received my deposit...hope this isnt once of those scams....maybe I shouldnt of give all my bank details:-3:-2:D

Bank · Post by **Bank** » Wed Dec 17, 2008 4:09 pm

The addition of a more sophisticated and presumably less secure bank is in progress. Meanwhile we're making do.

Summary of business activity 17 December 2008

Accounts open: 5

Deposits: 37835

Loans: 0

The First ForumGarden Online Bank would be delighted to take more deposits into more new accounts if only to test the system a bit. Small deposits are equally as welcome as large ones.

We note that no applications have yet been made for overdraft facilities. To make such applications it is required that the applicant has an account already opened, and that the system has allocated a sufficiently high credit limit to the account.

Carolly · Post by **Carolly** » Wed Dec 17, 2008 4:10 pm

Chezzie;1088436 wrote: Mr Banker has not PM'd me to let me know he received my deposit...hope this isnt once of those scams....maybe I shouldnt of give all my bank details:-3:-2:DEre Chez I fink the load sharks involved in this business and you know what that means dont yer:-2:-5:mad:

Bank · Post by **Bank** » Wed Dec 17, 2008 4:11 pm

Chezzie;1088436 wrote: Mr Banker has not PM'd me to let me know he received my deposit...hope this isnt once of those scams....maybe I shouldnt of give all my bank details:-3:-2:D

The First ForumGarden Online Bank provides statements on request rather than acknowledgments of incoming PMs - we all know that PMs arrive safely.

A statement is on its way to you.

Chezzie · Post by **Chezzie** » Wed Dec 17, 2008 4:13 pm

Bank;1088442 wrote: The First ForumGarden Online Bank provides statements on request rather than acknowledgments of incoming PMs - we all know that PMs arrive safely.

A statement is on its way to you.

Oh thank you Master Banker:D

Carolly · Post by **Carolly** » Wed Dec 17, 2008 4:18 pm

Chezzie;1088446 wrote: Oh thank you Master Banker:DOk ignore my warnings I dont care:rolleyes::driving:

Chezzie · Post by **Chezzie** » Wed Dec 17, 2008 4:20 pm

Carolly;1088441 wrote: Ere Chez I fink the load sharks involved in this business and you know what that means dont yer:-2:-5:mad:

I think their more competitors than cahoots Carol:D

Carolly · Post by **Carolly** » Wed Dec 17, 2008 4:27 pm

Chezzie;1088453 wrote: I think their more competitors than cahoots Carol:DDidnt you see the news this evening?Looking for 2 con men......tell yer just be careful

Chezzie · Post by **Chezzie** » Wed Dec 17, 2008 4:35 pm

Carolly;1088462 wrote: Didnt you see the news this evening?Looking for 2 con men......tell yer just be careful

but I gave £5000 cash for me new double glazing:-2:-2:-2

Carolly · Post by **Carolly** » Wed Dec 17, 2008 4:40 pm

Chezzie;1088476 wrote: but I gave £5000 cash for me new double glazing:-2:-2:-2Was one American and one English:-2

Chezzie · Post by **Chezzie** » Wed Dec 17, 2008 4:41 pm

Carolly;1088482 wrote: Was one American and one English:-2

How do you know:-2:-2:-2:-3

Carolly · Post by **Carolly** » Wed Dec 17, 2008 4:45 pm

Chezzie;1088484 wrote: How do you know:-2:-2:-2:-3Well one will be chewing gum and one would be carrying a case full of books I guess:-2

Chezzie · Post by **Chezzie** » Wed Dec 17, 2008 4:46 pm

Carolly;1088491 wrote: Well one will be chewing gum and one would be carrying a case full of books I guess:-2

god are you a psychic or somat:-2

Carolly · Post by **Carolly** » Wed Dec 17, 2008 4:51 pm

Chezzie;1088493 wrote: god are you a psychic or somat:-2Oh Chez I see a great one yesterday Tony Stockwell....look him up....I first see him 17 years ago and he told me stuff that was.....mind blowing tbh....last night he went to Chris....OMG is all I can say. Anyway about Bonny and Clyde......well ye know how rich I am here well I fink there trying to get me dosh and I will never see it again.....but I aint daft...oh no....Im putting it into a Baken Bean Empire:rolleyes:

Chezzie · Post by **Chezzie** » Wed Dec 17, 2008 4:56 pm

Carolly;1088495 wrote: Oh Chez I see a great one yesterday Tony Stockwell....look him up....I first see him 17 years ago and he told me stuff that was.....mind blowing tbh....last night he went to Chris....OMG is all I can say. Anyway about Bonny and Clyde......well ye know how rich I am here well I fink there trying to get me dosh and I will never see it again.....but I aint daft...oh no....Im putting it into a Baken Bean Empire:rolleyes:
heh heh your mad Mrs:yh_rotfl:yh_rotfl:yh_rotfl

Carolly · Post by **Carolly** » Wed Dec 17, 2008 5:02 pm

Chezzie;1088496 wrote: heh heh your mad Mrs:yh_rotfl:yh_rotfl:yh_rotflYep and its so good to be in with the In Crowd:yh_rotfl:yh_rotfl:D:guitarist

Chezzie · Post by **Chezzie** » Wed Dec 17, 2008 5:09 pm

Carolly;1088500 wrote: Yep and its so good to be in with the In Crowd:yh_rotfl:yh_rotfl:D:guitarist

heh heh were in good company:yh_rotfl

Carolly · Post by **Carolly** » Wed Dec 17, 2008 5:14 pm

Chezzie;1088504 wrote: heh heh were in good company:yh_rotflAnyway what we have discussed here is secret ok.....no telling you know who incase they get violent:-3

SantaClaus · Post by **SantaClaus** » Thu Dec 18, 2008 4:48 am

Bank · Post by **Bank** » Fri Dec 19, 2008 4:02 pm

The First ForumGarden Online Bank offers all ForumGarden members our best wishes for the festive season.

We are pleased to announce that the First ForumGarden Online Bank is accepting deposits. You are cordially invited to transfer casino dollars to Bank for peace of mind and the regular accumulation of interest at 20% a year on all your deposited capital.

Carolly · Post by **Carolly** » Fri Dec 19, 2008 4:06 pm

Bank;1090008 wrote: The First ForumGarden Online Bank offers all ForumGarden members our best wishes for the festive season.

We are pleased to announce that the First ForumGarden Online Bank is accepting deposits. You are cordially invited to transfer casino dollars to Bank for peace of mind and the regular accumulation of interest at 20% a year on all your deposited capital.Ye but theres only 12 days left this year:-3

Bank · Post by **Bank** » Fri Dec 19, 2008 4:34 pm

I have it in mind that it would amuse the site to gather a large stack of casino dollars in one account. I might not be the first person to have had the idea though.

Carolly · Post by **Carolly** » Fri Dec 19, 2008 4:44 pm

Bank;1090025 wrote: I have it in mind that it would amuse the site to gather a large stack of casino dollars in one account. I might not be the first person to have had the idea though.Ere we go........what you upto Mr. Banker as you have that strange look in your eyes:sneaky:

Bank · Post by **Bank** » Fri Dec 19, 2008 5:16 pm

Come on, let's see if we can reach 150,000 casino dollars over the weekend, that's a good first target.

All the deposits earn interest. What have you to lose?

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