Doomsday Code

Chapter 479 Proof

"If you ask me, it's a good thing that this happened earlier. It can give everyone some peace of mind during this farce."

"And you have to have confidence in our bank. But after this incident, those big business groups will hate those people to death."

Chen Cheng said with a smile on his face.

As mentioned before, a bank run is extremely detrimental to business operations.

Those big merchant groups were originally able to use the vouchers in their hands to quickly deliver goods, but now that there is a bank run, some of the goods that they needed to deliver quickly are now stuck with them.

Moreover, although the bank run was premeditated, its market manifestation is definitely bearish for vouchers. It may not have a big impact on ordinary people, but it will be a disaster for those business groups.

Time flies, and it is already three days later.

In order to prepare for today's bank run, those old guys had already started making efforts three days ago.

Either by inducement or threat, people who hold a large number of vouchers are encouraged to come to the bank for a run today.

At the same time, they kept depositing money into the bank for three days, and they only deposited short-term money.

Although the interest rate is very, very low, they have saved a lot, so the increased interest in these three days is tens of thousands of gold.

In order to celebrate today's grand event, all the shops in the commercial street were closed for a day. Of course, the losses would naturally have to be compensated by those old guys.

Moss XIII's sedan chair arrived at the bank early, and the bank lobby was now filled with ministers from the court, even several ministerial-level officials had come.

During these three days, Chen Cheng and his colleagues were also busy. They transferred a large number of accountants from the Sto Chamber of Commerce, and everyone started counting the money in the vault.

Fortunately, the bank had just started and did not have much loan business. In addition, with the money Berg had earned before, Huidun and his team were still confident that they could withstand this bank run.

Soon the line for exchanging vouchers became very long, and boxes of gold, silver and copper coins were exchanged like water.

At the same time, bundles of vouchers were confiscated and destroyed by bank staff.

That’s right, these vouchers are not the paper money of the previous life, but are more like checks. Therefore, in order to ensure the consistency of payment, these vouchers will all be destroyed after the exchange registration.

Time passed quickly, and everyone was unusually quiet. The only sound that could be heard in the entire hall was the sound of gold coins colliding.

Seeing that the treasury was empty but there was still a long queue behind it, the old guys all had a playful look on their faces.

However, Chen Cheng and his men were not at all panicked. How could they not see through the tricks of these old guys?

But these old guys have such a condescending attitude, how could they be willing to read the precautions in the manual distributed by the bank?

Soon the first quarrel broke out at the counter.

"Oh, there's a quarrel. Maybe the bank doesn't have enough money and they want to default on their debt."

The old guy said while looking at Huidun with a smile.

However, Huidun ignored him and came to the counter.

The one who took the vouchers to exchange was a middle-aged man. In his hand, he had several one-gold vouchers and several silver coin vouchers.

The staff at the counter exchanged the gold voucher for him, but the silver coin voucher was not exchanged.

"Sir, this silver coin voucher is not from the Royal Capital Bank. It is a voucher issued by the Kurtz Bank. If you want to exchange it for silver coins, you need to go to the Kurtz Bank to issue an exchange certificate, and then you can exchange it at a bank other than the Kurtz Bank."

As he spoke, the counter clerk took out a stack of bank manuals beside him, turned directly to the page that explained the exchange of vouchers between banks, and handed it to him.

When the man saw what the staff member said was clearly written on it, he had no reason to refute. You know, when they went to the bank to deposit money, the bank gave everyone a manual like this.

It's just that I was away on a long trip at that time and didn't have time to read the content above.

After the communication, the man also apologized to the staff.

"It's okay. Next time you travel far away, remember to ask the bank to issue you an exchange certificate after you deposit money in the bank. This way, it won't be so troublesome if you want to exchange money at a bank in another city."

Huidun stood aside and watched the entire process, then he nodded.

Berg is a promising guy and he corrected his mistakes quickly.

After the man left, the exchange procession continued.

Then a few people came to exchange vouchers from other banks, but they all had exchange certificates with them, so they immediately exchanged them for the corresponding real currency.

It was Chen Cheng who thought of issuing the certificate for cross-regional exchange, and in order to distinguish the vouchers from different regions, Chen Cheng put a lot of effort into the digital code below the voucher.

Some of the numbers represent different city banks. The staff can tell which bank the voucher is from just by looking at the numbers below.

At the same time, the exchange amount must be indicated on the issued certificate. If it exceeds the issued amount, it will be invalid.

Chen Cheng did this to prevent a bank run.

The old man, who was originally very proud of himself, became gloomy when he saw how the counter handled the matter.

As the sun set, the run on the bank came to an end, but the bank vault still had a small amount of gold coins in stock.

It is obvious that Wangdu Bank survived this bank run.

Huidun sent away the last redemption customer, then stretched his back and said:

"My Lord, you should go back and discuss with the family how to sell the family property as quickly as possible. Otherwise, the longer it takes, the greater the amount of compensation will be."

Moss XIII watched the entire process from beginning to end, and he also understood the operation procedures of the bank.

He glanced at the old ministers and said:

"I don't want to repeat myself again. All market losses caused today will be compensated by you yourselves."

After saying this, he nodded to Huidun and said:

"You have done a great job. If the bank encounters any difficulties in the future, just tell father."

This was one of the rare times that Moss XIII boasted about someone in front of his ministers.

Everyone had their own thoughts at this time, perhaps that position could really be given to the Ninth Prince.

Watching Moss XIII and others leave, the smile on Huidun's face disappeared.

This time, we killed one thousand enemies but lost eight hundred of our own.

Wangdu Bank has been working in vain for the past few months.

Chen Cheng came forward and patted him on the shoulder and said:

"This is not bad. At least it helps train these staff members and stabilizes the reputation of our bank. I believe that starting tomorrow, we will start to gain a large number of depositors."