On Fri, 25 Sep 2020 04:30:02 +1000, Alex Goodwin
<xxxxxx@multitel.com.au> wrote:

>I have yet to fully introduce the effects lack of faster-than-travel
>comms has had on banking.  That should be interesting.

It is likely that your banking model would have little resemblance to
today's, and would look a lot more like that of the late-Medieval/
early-Renaissance period in Europe - letters of credit or equivalent
carried between "branches" which would be owned by the same "family" or
corporation. Balancing accounts would involve shipping valuta between
branches. This can involve a "network of trust" if, for example, the ship
is going from Terra to Ish Kabibble, but no bank has branches on both; they
may have to detour to Timbuck Two, where TerraBank/Timbuck will accept the
letter of credit from TerraBank/Terra, and arrange a letter of credit from
TimBank, which _does_ have a branch on Ish Kabibble.

It's also possible that the ship, instead of dealing with LoC, may end up
carrying valuta itself.

Which opens up Opportunities for the referee...

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