NP Deposit Bank

[smub]

i think that NamePros should have a Deposit bank where users can deposit their money. Like if i don't want to show my np$ to everybody i can keep it in my bank account ... to open a bank account there should be a one time fee and the money goes to charity what do you say ??

 

[Ray]

yea that would be pretty cool... we could maybe earn interest on in in actual time figures... i think you should pm this to rj

 

[faisj]

Sounds like a great idea = )

 

[Jeff]

... what do you say ??

Unsure that Namepros™ wants to get into the banking business, IMHO ... but the idea that more could possibly be given to charity(ies), with so many worthwhile causes here as we head into the New Year 2006, is intriguing! Please expand on (any) thoughts & expectations of earning interest on these deposits ... :gl: :talk:

Thanks kindly for the suggestion(s).
-Jeff

 

[Michelle]

If we saved in the bank would we then earn interest :hehe:

 

[Palyriot]

Where would this interest come from? Why would we get interest, unless the bank was using it to give to other people.

 

[JYM]

i was thinking... if we created several different banking accounts and each costing a different amount to open and has a different interest rate.

For example:
0-100 NP$, costs 10 NP$ to open and has x% interest.
101-500 NP$, costs $50 NP$ to open and has y% interest.
501-1000 NP$, costs $100 NP$ to open and has z% interest.
1001-5000NP$, costs $500 NP$ to open and has something% interest.

We could also be allowed to upgrade from one account to the next... this way the costs it takes to open the bank might, depending on the interest rate, be paid from the interest. Also, as most banks do, there should be a way to "borrow" NP$. Of course paying back the debt would require interest..and there must be some way of guaranteeing that the person does return the NP$ to the bank....with the added interest...

It may be a little complicated but if we're dealing with NP$, which I hear has some actual monetary value, we should probably have some place to store it.

 

[smub]

i'd say the interest rate should be low because we have so many members .... but we should have different type of accounts such as starter with certain interest .... expert (with certain interest) ofcourse with high fees to open it... plus every year 1 fee to keep it going .... that way we can help the charities ... and also help NP .... what do you guys think ??

 

[dc1pop]

Id say a no to this. Could have a bad effect on the namepros value and could knock people from trading.

 

[namethreads.com]

surely, a simple solution to the original problem would be to change the NP$ into real money and put that in a bank account.

 

[holeinone]

Id say a no to this. Could have a bad effect on the namepros value and could knock people from trading.

And segregating us will make NP more like DNF...
Also People will not be as free with their np$ (Like giving away NP)
leaving the situation as it is should be the way to go... :imho:

 

[Rom]

I'm sorry, but I have to say: bad idea.

Why do you want to hide? What's the point of hiding? If you really want to hide, sell them then buy again.

 

[Ray]

i still like the bank idea...

 

[Morph]

I am happy as larry with no bank, from experience the bank was just a pain in the..

 

[Stephen]

I do not think that we really need this feature.

It was the original posters idea that this could be used to hide how much their NP is.

If this is the main reason that they wish to have a bank, I think that would be more likely implemented than a banking system.

I agree that a banking interest system can cause utter chaos..

Stephen

 

[Iravan]

WOuld be a lotta work to implement... It would be a nice idea, and one that should happen over time (couple of years)

 

[True_Snake]

I don't understand how NamePros would give interest to those who put money in the bank? As mentioned by Palyriot, NamePros would have to give out loans and collect interest on them to give the members here interest.

Wouldn't work, IMHO.


True_Snake

 

[HFear]

The bank idea has been posted many times, do a search.

 

[wasistdas]

I personally dont care about bank, but NP$ revenue for posting to be back would be nice