Gold bar storage in bank vaults

[Most Lee Harmless]

Like I said, its an idea to kick-start Banks out of their current torpor : right now, they hold coin, they transfer coin between players : that's it. If transferring GB's between players is bad, why is the same system of transfer for coin not bad? If storing GB is bad, why is storing coin not bad?

I never agreed with the level limitation on credit exchange by banks, I dont agree on it being applied to GB storage or transfer either : the limitations on deposits and transactions of the current level system work well enough.
Its just a suggestion : the game wont break without it, but I feel it will improve with it.

I wont re-do the original post : my initial suggestion is just to let banks store GB's : that in itself is worthy, in my view : that I also feel it could open the way for further suggestions is a good point in favor of it : the worth of those further suggestions is not key to the original post though and should not be used to cancel the worth of the OP.

[Mugiwara]

Like I said, its an idea to kick-start Banks out of their current torpor : right now, they hold coin, they transfer coin between players : that's it. If transferring GB's between players is bad, why is the same system of transfer for coin not bad? If storing GB is bad, why is storing coin not bad?

I never agreed with the level limitation on credit exchange by banks, I dont agree on it being applied to GB storage or transfer either : the limitations on deposits and transactions of the current level system work well enough.
Its just a suggestion : the game wont break without it, but I feel it will improve with it.

I wont re-do the original post : my initial suggestion is just to let banks store GB's : that in itself is worthy, in my view : that I also feel it could open the way for further suggestions is a good point in favor of it : the worth of those further suggestions is not key to the original post though and should not be used to cancel the worth of the OP.

Im not saying storing GB bad. But transferring GB will kill a gameplay.

Ok lets turn to your original post.

With a daily fee and deposit withdrawal fee +1 to store gold bars in banks. i have level 1 bank and i cant gain anything through banking. and that feeling keep me away from leveling it. If its not worth to invest beside keeping your own gold in a safe place why should i spend tons of golds for it.
With a daily fee and deposit withdrawal fee honestly it will encourage me to level up my bank to allow more storage.

[Bmw]

Yeah if I was someone looking to store gb's I probably wouldn't use another's bank unless if I was directly at war with someone but I'm pretty sure I would send gb's around quite a bit maybe a 5% on the average cost of the gold bars is taken by the server would work or maybe that 5% would be taken by the owner of that bank

[Most Lee Harmless]

I'm a bit cold on the notion of a daily fee : then the entire value of your deposit can leech away in no time at all, thus it becomes pointless to store it for more than a day or two. Add in the fees for placing it then retrieving it and even one or two days becomes uneconomic. I reckon a simple fee for deposit and withdrawal is better.

I'll amend this : perhaps we should make it an either/or choice : a daily fee for storage, which would encourage banks to level-up to thus gain more business OR a simple fee for deposit and withdrawal and no daily cost of storage. This would encourage more long-term storage so the banks would need to level up to gain more space and thus more business. Either would work, having both though would be too much cost for the customer.

[Stan Rogers]

If it were to be allowed to directly transfer GB from player to player through a bank, business opportunities would develop not too far behind.

This inability has forced me to discard the Greatest idea in all of Avonmora. I mean it was really Great.
This was Huge in fact. It was so BIG, it would create work and jobs in EVERY port in Avonmora. I may still go ahead with it, I dunno. When I run for King of Avonmora, I'm gonna change that. You can be Sure !!!

[Most Lee Harmless]

Always with the negativity, Stan

[Mugiwara]

I'm a bit cold on the notion of a daily fee : then the entire value of your deposit can leech away in no time at all, thus it becomes pointless to store it for more than a day or two. Add in the fees for placing it then retrieving it and even one or two days becomes uneconomic. I reckon a simple fee for deposit and withdrawal is better.

I'll amend this : perhaps we should make it an either/or choice : a daily fee for storage, which would encourage banks to level-up to thus gain more business OR a simple fee for deposit and withdrawal and no daily cost of storage. This would encourage more long-term storage so the banks would need to level up to gain more space and thus more business. Either would work, having both though would be too much cost for the customer.

But taking fees only for withdrawals and deposites wont help much to the owner of bank. gold bars not same like gold coins. maybe they will deposite and keep it in a bank for a year. so no payment for gold bars during 1 year. im still + for daily fee. and for deposit and withdraws make it 5 turns:)

[Stan Rogers]

Actually, I think it has the potential to make banks more valuable and viable potential revenue stream.
Note the former Privateers bank has changed its name to Banking and Brokerage in anticipation of such a change to happen someday.

[Shadowood]

GB storage in bank vaults:

I propose an extension of banks to include the provision of vaults for storing Gold Bars : this is a logical development as banks at the time were not restricted to just handling coin, but would store bullion and jewels in what were the forerunners of 'safety deposit boxes'.

I think this can best be handled by not extending deposit limits per level, but by 'mix and match' coin and bar amounts : thus the customer can store, in a level 4 bank for example, either 10 million in coin, 10 million in Gold Bars or a mixture of the two : I propose the value of the GB's for this case is based on the current average price in Avonmora at time of deposit.

I feel, with the recent change in OLOD effect upon GB in warehouses, some form of safer storage should be made available for gold bars, given their high intrinsic value.

As for the banks, a value-based fee for handling gold bar deposits and withdrawals is not unreasonable.

To guard against manipulation and attempts to dodge transport, the bars should only be able to be withdrawn in the port of deposit : so, if they were in the players Regis warehouse when deposited, that's where they go back to on withdrawal.

I see no issue with this and give it a +1
$10,000,000 valuation at current prices is roughly 5000 gold bars. That is not a lot of storage but does give some players a little bit more sense of security with dealing in Gold Bars.

Of course SHM bank will become more used then it is now as he has $50,000,000 cap. Allowing 25,000 gold bars (at a $2,000 current value). But SHM invested a ton of wealth into his bank and should be rewarded.

A fee structure needs to be ironed out but thats just details. Again, +1!

[Mugiwara]

The thing is when you can keep your gold safe in banks. why should you choose to convert your gold to a gold bar and waste that gold spot for gold bars.

Because you can buy goldbars cheap and save them for rainy days(like new features)
you can keep them safe until building and research queue get finish.

Im suggesting Banks should have an additional storage capacity for gold bars. it will increase with level like gold storage. Because Beside the gold bar requirement for hideout buildings and researches no meaning to hide them in banks.