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Project Funding Unit Bank(PFU Bank)

Credits: Original rules written by The Knight of Deckness. Variation to wording of original rules were done by Sealitoed and again by Mai.

Sub-Sections

Section One: Savings Accounts

Rules:

1. The first and basic rule is to be honest. Carefully maintained records are usually kept, after all.

2. Any trainer attempting to steal from the bank (by stating that he or she has more than he or she actually has) will wind up paying a fine equal to 25% of what's really in their account. Since that's no fun, just keep track of what you have.

3. Whenever spending (or earning) money, post the link to the thread in which you do that as a reference.

4. Money cannot be transferred directly from one account to another via "gifts." (Except on the receiver's birthday, holidays during December, or New Year's Day. And if this is your intention, you're limited to giving out 50% or less of your account and no more than 25% to one person. This is basically to give everyone a fair chance at things. Hey, we work hard for our money, right?)

5. People caught sending, receiving, or extorting money from others (outside of the receiver's birthday, the month of December, or the first day of January and if it's more than 50% of the sender's account) will be charged with a fine equal to double what had been given or received.

6. When you first sign up for an account, please post a link (or links) to the post(s) in which your team members have been approved. If you don't have an approved team, you're technically not part of the ASB. Therefore, you cannot have an account with the Bank of PFU.

Note: All money collected from fines will go into a pool that will in turn be used for interest. (See below.)

Accounts:

-All trainers start out with exactly 15 Pokédollars in their savings account to spend as their hearts desire. That may seem low, but remember that over time, you'll earn money by winning battles or reffing or doing something constructive around here. But that's self-explanitory.

-Once a year (July fourth), each account holder for a savings account receives 3% or $3, whichever is higher intrest drawn from the pool. Interest must be collected within a week after it's issued (an announcement will be made) unless the member has been away, and have posted in the "I am away" topic (at which point they may collect all interest after they return).

Section Two: Business Accounts

Once a month (on the second Sunday of every month), all business owners are required to record their tills for the following reasons:

Overheads:

Before you start your business, you'll be given overheads for all of your prices. Basically, everything in your business has a price. Part of this price will go to you as profit; and the other part of the price (the overhead), will go to the bank. (Yet another reason for that monthly till record.) It's like your merchandise gets paid for and your taxes are done automatically.

Loans:

-You're issued a loan before you start your business (taken from the loan pool). I only ask that you pay it back within the time given to you (though I'll be lenient about this). This can be done on your own time (if you specifically state this), or you can pay for your loan through the till system (see below).

-If you're paying off your loan via the till system, then half of your till for that month (after the overheads are taken out) will go to pay off your loan (eventually going back to the loan pool).

-Loans are for business only. They are not for improving your team. In fact, as soon as you start your business, your loan is used up, and it is your responsibility to pay it back gradually.

-When you get your loan, please post that you're withdrawing money from the pool for it. (And please post it in the same format as you would write up transactions from your personal account, complete with a link to your approval and math.)

What to Include in Your Till Write-up: