Banking
- The Dev Team
Analytics
Banking is used in Entreprenauts as a way of organizing yourself, gaining a bit of interest, and also leveraging properly taken loans to help grow your company in ways you may not be able to otherwise. Below are some screenshots and brief information points regarding banking in it’s current state!
Banking Overview
The banking homepage will have a list of player owned banks. Each bank is operated by an actual player. The open and closed signs let you know if that player has checked on their bank in the past 24 hours. If a player is gone for an extended time they will show a on vacation status, and if a bank is closing permanently in the near future, there will be a red “Closing Soon” button that replaces the “View” button.
To do banking with any player bank, simply click the view button which will take you to one of the screens below!
If you see “Closing Soon” and have any savings with that bank, you should withdraw it in the 30-90 days it remains live and available!
Savings Accounts
Savings accounts are a great way for a young company to earn a little interest, and a great way for any size company to set aside funds for a rainy day or for an expansion plan. Savings accounts can be opened by meeting the minimum deposit amount listed with that bank, and only take the click of a button. Once opened, savings accounts can be added to or withdrawn from at anytime.
Savings accounts will accrue interest on the first $1m deposited there.
Loans
Loans are another great way to grow your business, however you must be certain to have a plan! Loan payments come out daily, and if you miss enough payments, the bank can repossess your assets and you could even go bankrupt! We recommend chatting with other established players and bankers about your business plan to help you on your first loan decision. Simply fill out the form and submit, and a banker will get back to you generally within 72 hours. You can apply to multiple banks at once however this may affect your chances of approval!