Responding to the Golden vs Royal Bank question – 1 – Is it safe to assume that there are no native Westerosi banks active at this time? Are we saying that the millions of dragons owed by the crown to the Lannisters, the Faith and the Tyrells were all transported to KL coin for coin (or as bullion), or were they given as deposit notes to the crown from these institutions (or via a middleman like the IB). – 2 – Isn’t it a bit rediculous that the Targs never brought these institutions to Westeros?

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1. Yes. Westeros has moneylenders, but it doesn’t have banks. In other words, it doesn’t have depository institutions that allow their customers to write checks based on their deposits, that pay interest to their depositors, and that lend to the public based on their reserves. 

2. Not really. The Targaryens belonged to the ruling nobility of Valyria, not to its merchant caste. 

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