Guilds > NubiaBankandExchange

NB&E or Nubia Bank & Exchange is a guild for upper and lower nubia. The guilds porupose is to provide Lower and Upper nebuia a bank and exchange center for scripts of eygpt. Also giving upto date information about the current excahnge rates for scripts of eypgt and even creating a script for both lower and upper nubia.

NB&E Scrip

The scrip minted and primarly used by NB&E is a scrip we call 'Nubian Credit' All exchange rates with other eypgt scrips we deal with are based off the value of this scrip. The current value of the scrip is as follows:

1's= 1 cc (charcol) -> 5's = 1 dirt -> 10's = 1 papyrus-> 20's = 1 canvas -> 50's = 1 iron -> 100's = 1 bronze -> 1000's = 1 Cutable Stone
Note that these values may be changed and/or increased in the future depending on demnad and supply.

Currently 'Nubian Credit' scrip has 5 denomnations as show above. Each is realtive to the other so for example 5 cc is equal to 1 dirt. or 1000 cc is equal to 1 cutable stone. Keep in mind that this system right now is set to work like this but it's possible that it may change as to avoid people from abusing or taking advantage of it.

NB&E Open Account (Also know as 'baskets') Procedure

First thing you must do before proceding with getting your basket is contacting a teller or higher in the guild (guild rank of kinsmin and above) the teller will then direct you on ethier how to procede with the transfer, directing you to this wiki post, or ask for a postponement. A postponment directs you to do the first half of the procedure and then the teller will contact you (or the next avalible teller) or you can opt to wait untill the teller is online again or ask for the next avalible teller to contact you when online.
The standard basket is 1500 nubian credit scrip. The denomnations are done in this order: 50-1 nubian credits, 10-5 nubian credits, 6-10 nubian credits, 2-20 nubian credits, 2-50 nubian credits, 2-100 nubian credits, 1-1000 nubian credit. For this you will provide the backing of 100 cc (Charcole), 100 dirt, 100 papy, 50 canvas, 100 iron, 50 bronze, and 1 cutable stone.
The procedure is done in two parts. Ethier the LN or UN branch must be agreed, then you and the teller will build a chest somewhere near the branch. Your will place the backing in the chest, and make it publicly viewable, and the teller will also place the first 500 scrip in the chest and make it publicly viewable.
Then YOU will give the chest to the teller (you must do this first for secruity reaons) then the teller will give you his chest. You will each take whats from the chest and then if need be repeat the procedure again *depending on the size of the chest* once complete please send a /chat to PetersonWillson sateing that you did an open account and the teller you made the trade with. (do this even if hes offline and regardless of rank of the teller you deal with) then salvage your chest. This is the basic of the procedure. If you have questions or experince problems /chat with PetersonWillson.

NB&E Scrip for Scrip Exchange Procedure

NB&E deals with exchanging scrips on a regional basis. Meaning only 2 scrips a primary and a sub scrip (the 2 most used scrips in a region) are ever exchanged at NB&E. And these scrips are exchange using the Nubian Credit as a base excahnge rate. So for example a 10:1 exchange rate for a script would mean 10 Nubian Credits or the value of thoese credits would be needed to exchange for 1 of the wanted scrip. Likewise the ratio can go ethier way 1:10 would be the opposite, 1 Nebuian Credit or the value of it would be needed to exchange for 10 of the wanted scrip. Currently NB&E is investigating and detrimering the scrips of each region and the 2 most commonly used/accepted. If you would like to share this information please goto the fourm post at: http://www.atitd.net/forum/showthread.php?t=7076 or /chat with me directly with the information or a contact name.

NB&E Guild Ranks

Initate - New Member In Guild (everyone starts here duh :P)
Associate - Not Used Currently (skipped)
Member - Chat Member of Guild/Branch Supporter (helps with compound matinace)
Kinsman - NB&E Teller
Fellow - NB&E Exchanger
Patriarch - NB&E Accouantant
Elder - NB&E Minter

NB&E Guild Hall Location and UN & LN Compound Locations

Our guild hall is located in LN at the cords, 776, -3744. The Lower Nubia Compound is located at 775, -3744. The Upper Nubia Compound is located at 777, -7890.