Welcome to the Kaldan National Bank. This will be the only bank in the nation. This is due to the fact that money is considered as an essential resource, and therefore as a monopoly, the bank will be required to provide affordable services. With that being said, the Kaldan National Bank does not charge monthly fees for bank accounts. In addition, there will be no physical currency. With that in mind, everyone that has a bank account will receive a Mastercard Debit card. All bank account numbers are 13 digits long with the use of the NIN as a deposit only number.

And while the national bank is the only bank in the nation, there will be creditor institutions which while not allowed to provide bank accounts will be allowed to issue credit as long as the creditor follows the guidelines that they are required to follow. Those that don’t will lose their right to operate in the nation.