Best way to look at it is likely the policies in europe prior to the Crusades. The first banking institution was the order of Templars. Pilgrims would deposit their money at a location operated by them prior to their pilgrimage, and would receive a note that would enable them to withdraw that sum from a location at the other end when they had arrived.
All paper money is, is an example of that. It is a promisary note that the owner signs. 'I promise to pay the bearer of this note a sum equal to X currency.' This started between merchants for larger sums of money and started being traded themselves, rather than redeemed, though someone could indeed redeem it.
All paper money is, is an example of that. It is a promisary note that the owner signs. 'I promise to pay the bearer of this note a sum equal to X currency.' This started between merchants for larger sums of money and started being traded themselves, rather than redeemed, though someone could indeed redeem it.
Aduu Avagnar, The Wanderer: Wiki
