Certificate of Deposit
A Certificate of Deposit (CD) is the ultimate "high roller" long-term investment. It can be used by anyone wishing to put out large quantities of GOLD to be returned much later down the road with up to 50% interest given. It is classed as an Expanse Account.
There are no set specifics for CD's aside for base requirements. Organizations can partake in CD's, but there is a minimum of 40.00 GOLD and a maximum of 120.00 GOLD.
A CD is pretty simple. You fill out your application form and within a day you will receive a response from one of our Financial Counselors. After talks and negotiations, a set amount with a set percentage is decided upon and then you will be messaged in-game with a receipt of your payment once it is sent. When the CD's life runs out, your money is returned plus the agreed interest. The in-game message acts as our contract, guaranteeing repayment and the agreed return.
MMA Minimum: 20.00 GOLD
MMA Maximum: 120.00 GOLD
Minimum Time: 2 Months (60 Days)
Maximum Time: 6 Months (180 Days)
Full Life Interest: 10.00%-25.00%
Interest depends on the exact amount deposited and life of CD.
Restrictions:
Limit one CD per person at any given time.
Once submitted, cannot be withdrawn until it expires.
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Banking Department - Loan Department - Commerce Department
