Feedback needed : Raising deposit cap
Posted: Thu Nov 21, 2019 12:22 am
Hello fellow CapLabers!
At the suggestion of David, I would like to poll everyone here on a suggestion I have about the deposit cap
Situation
Game currently has hard deposit cap limiting amount of deposits a firm/player can put into the bank. At most, the player's firm can only deposit up to 50% of the customer deposits already in the bank into the bank
Why is this an issue?
Early game - Hard to quickly upscale start up bank
Mid / late game - Large amount of surplus cash sitting with player, subsidiary and holding company. No obvious avenues to preserve capital while generating small return.
Insurance update - Insurance companies (to be released) should be allowed to deposit money in the bank as well
Proposal
Increase deposit cap slider to 100% - allow users to have flexibility
Put small penalty fee on early withdrawals (5% of principal amount + forfeited interest income depending on the duration) to counter the risk of some users exploiting this by depositing large sums into competitors banks and then withdrawing it quickly, thereby bankrupting competitor bank
Pros
+ Flexibility to different play styles; for those who want to run a financial conglomerate, they can raise the deposit cap to 100%, while for players who want banks to play a supplementary role, deposit cap can be set at 20% at their own will
+ Allows rapid upscale of bank, especially when the player's bank is not the first in the market and
+ Better use of idle cash sitting with subsidiaries
+ End-game content
+ Potentially allow for cities to invest surplus capital in a risk-free avenue
Cons
- Could be exploited by some players to bankrupt AI competitor banks. However, this is a matter of "willingness to cheat" not "capability to cheat" - even if deposit cap was 20%, players who wanted to use the same trick to cause a liquidity crisis with AI firms could still do so.
Would love your thoughts on this!
At the suggestion of David, I would like to poll everyone here on a suggestion I have about the deposit cap
Situation
Game currently has hard deposit cap limiting amount of deposits a firm/player can put into the bank. At most, the player's firm can only deposit up to 50% of the customer deposits already in the bank into the bank
Why is this an issue?
Early game - Hard to quickly upscale start up bank
Mid / late game - Large amount of surplus cash sitting with player, subsidiary and holding company. No obvious avenues to preserve capital while generating small return.
Insurance update - Insurance companies (to be released) should be allowed to deposit money in the bank as well
Proposal
Increase deposit cap slider to 100% - allow users to have flexibility
Put small penalty fee on early withdrawals (5% of principal amount + forfeited interest income depending on the duration) to counter the risk of some users exploiting this by depositing large sums into competitors banks and then withdrawing it quickly, thereby bankrupting competitor bank
Pros
+ Flexibility to different play styles; for those who want to run a financial conglomerate, they can raise the deposit cap to 100%, while for players who want banks to play a supplementary role, deposit cap can be set at 20% at their own will
+ Allows rapid upscale of bank, especially when the player's bank is not the first in the market and
+ Better use of idle cash sitting with subsidiaries
+ End-game content
+ Potentially allow for cities to invest surplus capital in a risk-free avenue
Cons
- Could be exploited by some players to bankrupt AI competitor banks. However, this is a matter of "willingness to cheat" not "capability to cheat" - even if deposit cap was 20%, players who wanted to use the same trick to cause a liquidity crisis with AI firms could still do so.
Would love your thoughts on this!