Banks (Daggerfall)

Banks are locations in which can be used for a variety of purposes.
==Uses==
Each bank has five separate uses for The Agent. These are as follows.
===Account===
The account is the bank account of the agent. Here gold can either be deposited or withdrawn. Each regional bank has separate bank accounts, meaning that the gold stored in the region of one bank cannot be withdrawn in the region of another bank.
===Letter of Credit===
Letters of credit share a similar function to regular gold. They can both be deposited or withdrawn from the bank account. Withdrawing a letter of credit costs 1% in administration fees. Letters of credit are best used for the transport of large quantities of gold.
===Loans===
Banks can also be used to take out loans for up to 1,1 million Gold. Only one loan can be active from a single bank at any time. Loans must be repaid within a year, and demand a 10% interest rate. At its greatest value, this would mean that at the end of the year, the Agent must repay a bank 1,21 million gold.
===Houses===
Houses within a region can also be purchased via a bank, with a large difference in values. The cheapest houses cost 300,000 gold, and only one house can be owned at any given time. Houses can also be sold back to the bank at a reduced price.
===Ships===
Banks located near the sea also offer the option to buy ships, costing 100,000 or 200,000 gold. Owned ships can be used to cut down on both the cost and the duration of transport via the Iliac Bay itself.
==Appearances==
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Category:Daggerfall: Services
Category:Daggerfall: Locations