(04-07-2015, 12:46 PM)Warren Castille Wrote: Speculation:
Gil is the official coinage of Eorzea, but I suspect it's not all 1-gil coins. There's probably an equivalent of nickles and dimes, loonies and toonies.
It's my opinion that the highly wealthy wouldn't use a bank like you or I know them, but similar to older version of the banking note: If I've got businesses that are worth thirty million gil and I want to buy something expensive, I can just provision a note for X,000,000 gil and sign off on it.
This is making me want to look up exactly how old-timey holdings worked.
TO WIKIPEDIA after lunch
Ye Olde Banke Cheques
Anyway yes I just assume that there's multi-denominational coinage for 'street money', and for truly large purchases you'd be authorizing a bank to make a payment on your behalf to a party, etc. Ul'Dah probably has a lock-down on financial institutions etc given the state of their culture but that's just speculation.