Gringotts Wizarding Bank

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    • Gringotts Wizarding Bank

      Gringotts Wizarding Bank is the only bank of the wizarding world, and is owned and operated by goblins. It was created by a goblin called Gringott, in 1474. In addition to storing money and valuables for wizards and witches, one can go there to exchange Muggle money (Desta/Dumis) for wizarding money. The currency exchanged by Muggles is later returned to circulation in the Muggle world by goblins. The motto of Gringotts Wizarding Bank is "Fortius Quo Fidelius", a Latin phrase that means "Strength through loyalty".

      Location:
      • Headquater:
      • Banking houses:
        • Gringotts Wizarding Bank London | WC?? ???, London, Diagon Alley, United Kingdom
      History:
      • 1474
        The bank was created by Gringott in 1474. First, he opened a banking house at Diagon Alley, London, United Kingdom.
        He located his main office at the Diagon Alley.
      • 1475 - 1865
        Gringotts Wizarding Bank was put in the hands of the Ministry of Magic at 1475. In 1865, the Ministry decided to put full control of Gringotts back in goblin hands.
      • 1926
        On 29 November 1926, the Gringotts Banking Houses was put on lockdown with protective enchantments cast.
      • 1997 - 1998
        During Voldemort's control of the Ministry of Magic, the bank was put yet again under the Ministry. With the defeat of Voldemort and the end of the Second Wizarding War, Gringotts was put back into Goblin management.
      • 1999
        After the bank was put back into Goblin management, the new boss of Gringotts, decided to move the main office into the building of the new founded International Magic Congress.
      Today:
      • Services of Gringotts Wizarding Bank:
        • currency exchange
        • moneylending
        • value protection
        • trading of Gold, Diamond and other precious metals
        • Distribution and redemption of money check
      More:
      Source/Author: