The ASEAN Bank is the dedicated, community-operated banking system within the ASEAN Motor Club server, designed to offer a more player-centric and economically stable financial service than the default in-game bank. Operating on a non-profit model and wholly committed to promoting social good, the Bank aims to empower every player, from new beginners to seasoned veterans, to thrive in Motor Town.

Recognizing the need for a robust and supportive financial infrastructure beyond basic in-game mechanics, Mayor Freeman initiated the establishment of the ASEAN Bank in late Season 1. Drawing inspiration from the success of initiatives like the Department of Transport, the Bank was conceived as a cornerstone of the server's commitment to player welfare and economic liquidity. It was officially launched to provide accessible financial tools, fostering independent economic growth and community cohesion without the pressures of a traditional profit-driven system.

Unlike conventional banking institutions, the ASEAN Bank prioritizes the prosperity of the Motor Town community above all else. Its core philosophy revolves around:

• Non-Profit Operation: All revenues generated are reinvested directly into the Bank's services or allocated to community initiatives via the ASEAN Treasury.
• Promoting Social Good: By providing accessible loans and a secure savings platform, the Bank aims to lower barriers to entry for new players, stimulate trade, and support the economic activities that benefit the entire server.
• Economic Stability: Through controlled financial mechanisms, the Bank helps maintain a healthy in-game economy, ensuring consistent opportunities and mitigating large-scale financial fluctuations.
• Player Empowerment: Offering tools for financial management and growth, allowing players to focus more on enjoying the game's diverse activities, from trucking to racing, rather than solely on 'the grind'.

The ASEAN Bank is 100% funded by the ASEAN Treasury. The Treasury acts as the foundational financial backing, supplying the necessary liquidity to support all banking operations, including loan disbursements and interest accrual on savings. This ensures the Bank's stability and its unwavering commitment to community benefit.

Every character in Motor Town who joins the ASEAN Motor Club server automatically has access to a personal bank account within the ASEAN Bank. This account allows you to safely store your earnings and benefit from passive growth.

• Access: Check your account balance and and active savings rate at any time using the /bank command.
• Interest Accrual: Money in your account accrues interest every hour. The longer your funds remain in the account, the more interest they accumulate.
• Deposits: Funds cannot be directly deposited. Instead, you set a percentage of your earnings to automatically transfer to your savings account upon completion of any job or contract.
  • To set your automatic saving rate: /set_saving_rate [percentage] (e.g., /set_saving_rate 10 for 10% of earnings).
• Withdrawals: You can withdraw funds from your account at any time using the /withdraw [amount] command (e.g., /withdraw 5000).

The ASEAN Bank offers generous and remarkably player-friendly loans designed to provide quick access to capital without the typical time-based repayment pressures. Loans are repaid automatically as you complete jobs, ensuring a flexible and manageable system.

• One-Off Fee: Instead of continuous interest, loans incur a single, upfront fee that depends on your 'Loan Utilisation' (the amount you borrow relative to your maximum loan limit).
  • Up to 50% of limit: 10% fee
  • Between 50% to 75% of limit: 20% fee
  • Above 75% of limit: 30% fee
• Maximum Loan Amount: The amount you can borrow scales with your Driver Level and Trucker Level, rewarding your overall progress in the game. You can see your maximum borrowing limit using the /bank command.
• Automatic Repayment: A portion of your earnings from completed jobs will automatically go towards repaying your loan. The repayment rate per job completion is determined by your current Loan Utilisation.
• Repaying Manually: You can also choose to repay a specific amount of your loan at any time using /repay_loan [amount].
• Borrowing: To take out a loan, use the /loan [amount] command (e.g., /loan 100000).

Here is a quick reference for interacting with the ASEAN Bank:

/bank               : View your current bank balance, loan status, and maximum borrowing limit.
/set_saving_rate [percentage] : Configure the percentage of job earnings to automatically save. (e.g., /set_saving_rate 15)
/withdraw [amount]  : Take money out of your savings account. (e.g., /withdraw 25000)
/loan [amount]      : Borrow funds from the Bank. (e.g., /loan 50000)
/repay_loan [amount]  : Make an additional repayment towards your outstanding loan. (e.g., /repay_loan 10000)

The ASEAN Bank provides a stable and beneficial financial framework for all Motor Town citizens, enabling you to:

• Securely save and grow your in-game currency.
• Access quick capital for significant purchases (e.g., new vehicles, house blueprints, company upgrades) without long-term debt burdens.
• Participate in the broader server economy with greater confidence and less financial stress.
• Experience a unique banking system tailored to enhance your gameplay experience within the ASEAN Motor Club.

The ASEAN Bank stands as a testament to the community-first approach of the ASEAN Motor Club server. It's not just a bank; it's a vital support system designed to foster economic growth, stability, and enjoyment for every player in Motor Town.