The Ecumenical Bank, often called the Shouft Bank, is the official church-state bank of Ororr. It acts as a central bank for all state finances, holding funds for governmental spending and regional disbursements, as well as holding funds and credit for businesses and private citizens. It had its origins in providing money services for travellers on the great Therist pilgrimage, called the Shouft.
Ororrplugin-autotooltip__small plugin-autotooltip_bigOrorr (Category)
Articles related to the Anasthian nation of Ororr.
[Ororr]
Regions
Provinces
Cities
Beliefs
People
Ethnic groups
topics nati1
This is in a series of articles on the modern nation-station of Ororrplugin-autotooltip__small plugin-autotooltip_bigOrorr
Ororr [o-ROARR, ɒ̝rɔ'ɾ], also called the Holy Motherland of Ororr, is a theocratic nation in Anásthias, one of the world's great powers. It the largest nation in the world, perhaps the largest empire in history, occupying the entire northwest of the continent between the mountains and the sea. Ororrlanguagelanguagelanguage.
Hover to magnify | Go to world mapplugin-autotooltip__small plugin-autotooltip_bigAtlas: Ororr
[fmap-ororr.png] * Zoom out * Gildon * Moritarr * Deltirot * Dunasanin * Gaskanin * Mangasor * @ * @
Political | Geography
atlas nationmaps
Ororr
Ororr [o-ROARR, ɒ̝rɔ'ɾ], also called the Holy Motherland of Ororr, is a theocratic nation in Anásthias, one of the world's great powers. It the largest nation in the world, perhaps the largest empire in history, occupying the entire northwest of the continent between the mountains and the sea. Ororrlanguagelang…
The bank developed as a means of providing money and assistance to pilgrims on the Shouft. Previously travellers had to carry all the cash they needed to fund a journey of many months, and so pilgrims quickly became a target for robbers and piratesplugin-autotooltip__small plugin-autotooltip_bigPiracy
Piracy has always been a danger for shipping around the world. Throughout history merchants have been preyed upon by desperate or greedy fishermen, by rogue naval ships acting as privateers, as well as organised fleets dedicated to larceny.
Hartheran.
The system originally worked using credit notes required to be carried by the pilgrim. An amount was deposited by the bearer in their home city, and cash could be withdrawn an any Shouft Bank branch. Confirmation was made by signature, and the amount noted on the credit note. This worked but was subject to fraud, and most importantly suffered from damage or loss of the credit note.
In the modern system, an amount in cash is deposited in the home bank, and credit authorisations for set amounts are sent to multiple branches along the traveller's planned route. Each pilgrim carries a Shouft medallion, with a unique number. They also memorise a five-digit authorisation number. These, plus a confirming signature, are required to withdraw a limited amount in cash from any bank holding a credit note. Credit notes are valid only for a year in any branch.
At the end of the journey, the credit notes are reconciled into a single account balance. The bank generally charges 5% of the total deposit as a handling fee.