Board Thread:Custom Lore Development/@comment-26535281-20160903181847

Banking is an old and honored tradition within Xin. Normally only for the middle to upper classes is has slowly over time been open to the lower classes.

Each city has at least one bank that also is the cities treasury. Their are two types of banks within Xin, Piaohao and Qianzhuang. While the first deals with short term loans the other is for long term and generally called the 'Imperial Bank.'

Now our long and boring topic starts with the street bankers. They provide tourist and people from the other provinces to exchange their coins for local ones. Of course for a price (Generally 5% of the money being transferred into local money)

Yinhang is the name for the generic banker. Most wear yellow robes with this symbol in black:

Loans do also exist in Xin normally short term and with a 5% interest rate.

Long term loans are mainly for the use of nobles and are at a set 10% interest rate.

Banknotes are used for most money transfers. (Basically it is a brown piece of paper with the markings of the amount of money and an imperial crest along with the bankers and the bank's names.)

The Imperial bank is a generic term for the bank's of the capital city and the treasury of the empire. All of the empire's gold and valuables for the most part are held within the under ground vaults of the imperial palace. 