Okay, I think I understand better now.
So, what is MPY? I think you used it in the example, but I'm not sure....

Link: https://www.sylestia.com/forums/?thread=26408&page=22#211 Author: Erinkitty2003 Time Posted: 7/23/2015 at 9:48 PM Okay, I think I understand better now. So, what is MPY? I think you used it in the example, but I'm not sure....

A lot of the information is on the website but it can get a little confusing, from the Savings Q&A on the website:

"Q. What is MPY?
A. Monthly Percentage Yield. This is the Interest you gain for having your money in the bank."

So MPY is interest - the rate you earn gold on your deposit each month. They use the term "Monthly Interest" for loans but, as far as I can see, they're the same thing.

Do you mind if I become an accountant?

Username: PurpleStarlightWolf
Education: my best subject is math and my education is up to 6th grade math
Why should we hire you?: i am extremely good at math, I can be very patient, and I can be very responsible.
Extra Services You can offer: I want to invest quite a bit into the bank, and try to get my friend to invest as well I just want to check this place out a bit more.

Alright... Home from work. -Cracks knuckles-

@Fennec
Carrot is on Haitus until the 26th. Did you want to wait for her return or did you want to go with another accountant?
Either way, since the "Account Type" refers to the different account types in Savings, since that is the Savings Application, based on the Gold wanted for the First Deposit you'd be going with the Regular Account.
I can go ahead and make your card in a bit but the accountant status needs to be situated or confirmed.


@Erinkitty2003
Questions are always good.
Wander seems to have explained it well enough.
But yes, Account Holders receive Interest for keeping their money in the bank.
People who take out Loans end up paying interest if they let their loan go too long without paying in full.
As she explained, Loan interest is higher than Account Interest because it helps keep the bank in balance.
Loan interest that gets paid back to us that does not immediately get used for paying out interest to Savings gets put in what could be considered the bank's own personal "Holding" account. This is for later usage for things such as Savings Interest when, as she explained, Loans aren't being taken out/paid on ect.
It's also useful for a larger account holder because if we happen to have several loans out and they decide to withdraw most of their funds for something like a festival then we still have the funds to be able to give them back so this doesn't disrupt anything.

@Wander
I thank you for understanding a helping out. c:
I'll set up the Diamond Exchange of one coin asking for 900 diamonds in a few moments.

@Keanai
I'll make this exception with your Card since you seem to understand what's going on with it.
Yes, I did want something that was consistent with the user's account. c:
I'll get to working on your card in a bit.
I'll be assigning you to @SheVampire since you requested someone who was "Familiar" with the chat scene aka Regular.

@PurpleStarlightWolf
I'll be sending you a PM in a bit concerning your application.

Thank you - I accepted the exchange so you should have the additional 900 diamonds now :)

i want to confirm yes what other types of things are there can i upgrade later?

i want to confirm yes what other types of things are there can i upgrade later?

The Savings account itself can be upgraded later on simply by reaching the minimum required for the Upgrade you want. You just have to let us know when you're upgrading(There is a Form in the forms thread) so the appropriate card can be made and appropriate interest can be accrued to it.

Thanks <3

I mostly wanted someone I knew, and I know the chat regulars so ^^ I'm also changing the amount I'm depositing to 1000000 instead do 2000000. Does this mean I send 1 mil to shev?

And yeah, a lot of people switch avatars a lot, but as Hund keeps Soren, I keep Ravenna. She may get a remodel sometimes, but the face will never change <3

Since she's currently offline, just go ahead and edit your post with the updated amount.
She'll send you a mushroom for the deposit once she's able to tackle you. c:

And yeah I know how that is, I tend to keep my own "Sylesti-Sona"-ish character though I'll change the clothing from season to season if there's something that I like better. It's always green in some way so it's sorta consistent but not >//> But that's maybe 2-3 times a year though I kept an outfit for almost an entire year, just switched for Halloween, Christmas and went back.