Great Desert Bank - Revision history

BezuvNguh at 10:40, 15 December 2024

2024-12-15T10:40:37Z

← Older revision		Revision as of 10:40, 15 December 2024
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	[[File:Inside Xu Arslax Kikau.webp\|thumb\|alt=Inside Xu Arslax Kikau\|Xu Arslax Kikau]]		[[File:Inside Xu Arslax Kikau.webp\|thumb\|alt=Inside Xu Arslax Kikau\|The original Xu Arslax Kikau main tellers' office, used from March through December 2024 before the construction of the new facility.]]


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	Despite the continued Recession, the Bezuv announced the restructuring and reopening of the Bank on July 14th, 2024.		Despite the continued Recession, the Bezuv announced the restructuring and reopening of the Bank on July 14th, 2024.

			== December 2024 Remodeling and P.U.A. Expansion ==
			The Yuma Exchange Rate Commission building and the Great Desert Bank were temporarily shut down, remodeled, combined, and equipped with the capacity to transact in both Slabs and the [[Puan Unity Argent]], following Xarslasja joining the [[South Thasusan Common Market Agreement]] (STCMA). The new, combined Bank and Commission tower reopened on December 13th, 2024, with a new set of pricing guidelines. The rules remained the same, with some additional elements added to handle P.U.A. transactions.

	=Rules=		=Rules=
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	With the reopening of the Bank have come new rules about transactions:		With the reopening of the Bank have come new rules about transactions:

	* No minerals may be purchased or sold; only the [[Slab Exchange]] will take diamond and ~~netherite~~		* No minerals may be purchased or sold; only the [[Slab Exchange]] will take diamond and Netherite (as of 7/13/2024)
			** Raw Iron may be converted into P.U.A. at its exhange rate (as of 12/13/2024)
	* No single transaction may exceed 2 Slabs in value (as of 7/13/2024)		* No single transaction may exceed 2 Slabs in value (as of 7/13/2024)
	* Some items may be ONLY purchased or ONLY sold by the Xarslasja government, determined according to the management of the Exchange Rate Commission		** The limit for P.U.A. transactions is set at a similar value: 114 PUA (as of 12/13/2024)
			* Some items may be ONLY purchased or ONLY sold by the Xarslasja government, determined according to the management of the Exchange Rate Commission (as of 7/13/2024)
			* Slab transactions may only be completed at the Slab transaction desk, and PUA transactions may only be completed at the PUA transaction desk (as of 12/13/2024)
			* A post office mailbox at the Yuma Post Office or the Colorado River Post Office qualifies as having a bank account at the GD Bank (as of 12/13/2024)
			** To complete a transaction at the GD Bank, you must have a valid mailbox in Xarslasja (as of 12/13/2024)

Sheikah: /* June 2024 Bankruptcy and Government Assistance */ added link to June 2024 Xarslasja Recession

2024-07-15T21:32:17Z

June 2024 Bankruptcy and Government Assistance: added link to June 2024 Xarslasja Recession

← Older revision		Revision as of 21:32, 15 July 2024
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	== June 2024 Bankruptcy and Government Assistance ==		== June 2024 Bankruptcy and Government Assistance ==
			''Main article: [[June 2024 Xarslasja Recession]]''

	On June 10th, 2024, Elisa of Fishland attempted to exchange 32 stacks of Gold Blocks for 100 slabs. This value vastly outnumbered the total value of the national vault of Xarslasja, which was valued at ''one'' Slab. The one slab was paid out and the remaining stacks of gold blocks were returned to Elisa. Prior to this, no transaction at the Bank had exceeded values that could be measured in slab''lets'', so no system of transaction size limits or bank loans had been established. With no money remaining in the national vault, the Bank instantly became insolvent.		On June 10th, 2024, Elisa of Fishland attempted to exchange 32 stacks of Gold Blocks for 100 slabs. This value vastly outnumbered the total value of the national vault of Xarslasja, which was valued at ''one'' Slab. The one slab was paid out and the remaining stacks of gold blocks were returned to Elisa. Prior to this, no transaction at the Bank had exceeded values that could be measured in slab''lets'', so no system of transaction size limits or bank loans had been established. With no money remaining in the national vault, the Bank instantly became insolvent.

BezuvNguh: New Banking Rules

2024-07-15T15:15:13Z

New Banking Rules

← Older revision		Revision as of 15:15, 15 July 2024
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	With the reopening of the Bank have come new rules about transactions:		With the reopening of the Bank have come new rules about transactions:

			* No minerals may be purchased or sold; only the [[Slab Exchange]] will take diamond and netherite
			* No single transaction may exceed 2 Slabs in value (as of 7/13/2024)
			* Some items may be ONLY purchased or ONLY sold by the Xarslasja government, determined according to the management of the Exchange Rate Commission

BezuvNguh at 15:12, 15 July 2024

2024-07-15T15:12:21Z

← Older revision		Revision as of 15:12, 15 July 2024
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	After shifting the national economic focus to mining exclusively, the bank paid back its loan to [[Fishland]] in full on June 17th, 2024. The bank remained closed while putting together a comprehensive system for accepting deposits and keeping track of mineral supply in the future.		After shifting the national economic focus to mining exclusively, the bank paid back its loan to [[Fishland]] in full on June 17th, 2024. The bank remained closed while putting together a comprehensive system for accepting deposits and keeping track of mineral supply in the future.

			==Reopening==

			Despite the continued Recession, the Bezuv announced the restructuring and reopening of the Bank on July 14th, 2024.

			=Rules=

			With the reopening of the Bank have come new rules about transactions:

BezuvNguh at 19:35, 18 June 2024

2024-06-18T19:35:00Z

← Older revision		Revision as of 19:35, 18 June 2024
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	The Bezuv had the doors of the bank and the Xarslasja Exchange Rate Commission sealed shut and all further transactions postponed until enough resources had been extracted to reestablish a valid national vault.		The Bezuv had the doors of the bank and the Xarslasja Exchange Rate Commission sealed shut and all further transactions postponed until enough resources had been extracted to reestablish a valid national vault.

	After shifting the national economic focus to mining exclusively, the bank paid back its loan to ~~<nowiki>~~[[Fishland]]~~</nowiki>~~ in full on June 17th, 2024. The bank remained closed while putting together a comprehensive system for accepting deposits and keeping track of mineral supply in the future.		After shifting the national economic focus to mining exclusively, the bank paid back its loan to [[Fishland]] in full on June 17th, 2024. The bank remained closed while putting together a comprehensive system for accepting deposits and keeping track of mineral supply in the future.

BezuvNguh: /* June 2024 Bankruptcy and Government Assistance */

2024-06-18T19:34:50Z

June 2024 Bankruptcy and Government Assistance

← Older revision		Revision as of 19:34, 18 June 2024
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	The Bezuv had the doors of the bank and the Xarslasja Exchange Rate Commission sealed shut and all further transactions postponed until enough resources had been extracted to reestablish a valid national vault.		The Bezuv had the doors of the bank and the Xarslasja Exchange Rate Commission sealed shut and all further transactions postponed until enough resources had been extracted to reestablish a valid national vault.

			After shifting the national economic focus to mining exclusively, the bank paid back its loan to <nowiki>[[Fishland]]</nowiki> in full on June 17th, 2024. The bank remained closed while putting together a comprehensive system for accepting deposits and keeping track of mineral supply in the future.

BezuvNguh at 21:18, 13 June 2024

2024-06-13T21:18:47Z

← Older revision		Revision as of 21:18, 13 June 2024
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	[[File:Inside Xu Arslax Kikau.~~png~~\|thumb\|alt=Inside Xu Arslax Kikau\|Xu Arslax Kikau]]		[[File:Inside Xu Arslax Kikau.webp\|thumb\|alt=Inside Xu Arslax Kikau\|Xu Arslax Kikau]]

Ætérnal: 4 revisions imported

2024-06-12T02:42:26Z

4 revisions imported

← Older revision		Revision as of 02:42, 12 June 2024
(No difference)

mh>AgmaSchwa at 19:55, 10 June 2024

2024-06-10T19:55:13Z

← Older revision		Revision as of 19:55, 10 June 2024
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	Its Slab supply comes directly from the treasury of the Bezuvate of [[Xarslasja]], making it a National Bank controlled directly by the Bezuv [[Agma Schwa]].		Its Slab supply comes directly from the treasury of the Bezuvate of [[Xarslasja]], making it a National Bank controlled directly by the Bezuv [[Agma Schwa]].

			== June 2024 Bankruptcy and Government Assistance ==

			On June 10th, 2024, Elisa of Fishland attempted to exchange 32 stacks of Gold Blocks for 100 slabs. This value vastly outnumbered the total value of the national vault of Xarslasja, which was valued at ''one'' Slab. The one slab was paid out and the remaining stacks of gold blocks were returned to Elisa. Prior to this, no transaction at the Bank had exceeded values that could be measured in slab''lets'', so no system of transaction size limits or bank loans had been established. With no money remaining in the national vault, the Bank instantly became insolvent.

			The Bezuv had the doors of the bank and the Xarslasja Exchange Rate Commission sealed shut and all further transactions postponed until enough resources had been extracted to reestablish a valid national vault.

mh>AgmaSchwa at 02:57, 26 March 2024

2024-03-26T02:57:59Z

← Older revision		Revision as of 02:57, 26 March 2024
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	'''The Great Desert Bank''' ([[Arodjun]]: '''Xu Arslax Kikau''') is a bank headquartered in [[Yuɱa]] that aims to transact minerals and grass blocks in exchange for [[Slab\|Slabs (POS)]] according to the pricing standards set at the [[Slab Exchange]]. There are plans for multiple locations, but for now the Yuɱa location is its only branch.		'''The Great Desert Bank''' ([[Arodjun]]: '''Xu Arslax Kikau''') is a bank headquartered in [[Yuɱa]] that aims to transact minerals and grass blocks in exchange for [[Slab\|Slabs (POS)]] according to the pricing standards set at the [[Slab Exchange]]. There are plans for multiple locations, but for now the Yuɱa location at 206 Sl. Xarslasja is its only branch.