Bank ownership

[Klaus]

My idea is turn the bank into a private business. Every time someone deposits money, a small percentage will go to the owner of the bank.

Discuss

[stormeus]

The bank owner would have to lose money on withdrawls in order for this to work. However with loss on death, people will be inclined to store their money at the bank anyway, so they'd end up making a crapton of money out of nowhere anyway. It sounds like an interesting concept but this idea, by itself, seems too one-sided.

[Hellrocker]

The Bank should only be under ownership by the State.

[Marcell]

bank owner gets 1-3% from every deposit, depositter loses that percent, scarface style, to avoid money farming

bank owner can get in minus profit due to bankrobs, if he does he will need to wait until the profit changes from minus into plus before being able to take any money from the profit pool

[Willy]

bank owner gets 1-3% from every deposit, depositter loses that percent, scarface style, to avoid money farming

bank owner can get in minus profit due to bankrobs, if he does he will need to wait until the profit changes from minus into plus before being able to take any money from the profit pool

Sounds Awesome

[Davron]

What about mark up ? I would have if I put trillions of money in the bank I get a billion take away

[ZeRoX2]

The Bank should only be under ownership by the State.

I think that too, and I also think thats it's rather stupid that someone would own the bank.

[Marcell]

I also think thats it's rather stupid that someone would own the bank.

I think you're stupid too but there's no point of mentioning that

[stormeus]

Attempting to create a sane, non-ridiculous way of owning the bank and generating income from it would be very difficult, if not impossible. Interactivity is little to nonexistent, as the bank owner just sits there and waits for his pickup to appear to collect his money, 1.9 style, and when the bank is robbed, he just has to wait a while longer before getting MORE money.

The Bank should only be under ownership by the State.

[Klaus]

I also think thats it's rather stupid that someone would own the bank.

You think the state run all the banks IRL? Nope; and those owners aren't stupid.

owner just sits there and waits for his pickup to appear to collect his money

This happens with every business: Guns, Food, Clothes, etc.

[stormeus]

This happens with every business: Guns, Food, Clothes, etc.

2.0 plans for a business owner to have to manage expenses and shipments in order to maintain their business, at the risk of becoming unable to sell their goods and losing their business, requiring coordination with truckers and ensuring security. This is just "Buy bank, collect deposits."

[Klaus]

manage expenses and shipments in order to maintain their business

This could be integrated into running the Bank.

[stormeus]

This could be integrated into running the Bank.

Not much has been discussed regarding integrating the business system into the bank. So far the only suggestions have been:

Every time someone deposits money, a small percentage will go to the owner of the bank.

bank owner can get in minus profit due to bankrobs, if he does he will need to wait until the profit changes from minus into plus before being able to take any money from the profit pool

A bank owner can't exactly "order" money to be shipped to the bank since that's managed by account holders. There's also nothing to transport to the bank since all the money is already in the bank. The best I can think of at the moment regarding this would be:

• Bank owner has to regularly maintain security systems in the bank and vault. This could influence the difficulty of bank robberies.
• Deposits have to be sent from the bank in Securicars to the airport to be sent to the National Monetary Fund Organization. (needs expansion)

[~Legend~]

I'm not sure an idea such as this would really work in the long run without a whole set of controls.

There are loads of banking and similar service providers in the world operating at different levels and under different conditions.
If one privatised bank was introduced here, people may ask for others. It could also encourage some to set up their own "freelance" banking systems; would be very tricky but not impossible.

Earnings would have to be managed carefully. I don't think many would be prepared to lose a percentage of their deposit to the bank each time.

Additionally, if things start falling out of balance it may be tricky to correct.

Also, how much would the bank cost to buy?

I remember there was a suggestion about bank interest rates a few years back which was dismissed then.

[Kessu]

Also, how much would the bank cost to buy?

Alot.