It is agreed that the silver will be transported to the newly built dock warehouse in Yulin City, Huanghuangzhou. Lin Ze will pay directly with gold of corresponding value. When they return, they will just take the gold back. If the cooperation is happy, they can cooperate for a long time in the future.<

/p>

Gold is the absolute hard currency in international trade.

For this transaction, Qixia Bank readily agreed and directly contacted the navy to escort its merchant ships transporting precious metals to complete the transaction.

No one would dislike having too much gold.

Lin Ze is also very satisfied with this transaction.

He directly took out gold in the country, which is an unsourced material and can easily attract attention and trouble.

But when he took out the gold in Huangjinzhou, the early stage can be said to be the gold he purchased here, and the middle and later stages can be said to be the output of his own gold mine plus the purchased gold output. In this way, he will take out more gold.

A lot of gold doesn’t seem out of place.

In addition, another advantage of buying silver directly with gold overseas is that Lin Ze does not have to pay too much tax.

If Lin Ze sends gold back to China, he will first have to pay 20% customs duty and 15% value-added tax, totaling 35% tax.

In this case, if you buy silver and exchange it for gold in another world, you will directly lose blood.

Like now, if the gold from another world is directly exchanged for the silver from the main world, Linze will save a lot of tax costs and greatly increase the profits of the gold and silver trading business between the two worlds.<

/p>

Under this circumstance, the last link required for the preparation of Linzejin Bank has been completed.

On October 25, Lin Ze’s gold bank ‘Zhiyuan Gold Bank’ in Fengping County in another world officially opened.

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Lin Ze's gold bank shop is placed directly next to Yue Que Escort Agency.

This directly guarantees safety.

In the first three days of the opening, Lin Ze sent out a large number of invitations, inviting major businesses in Fengping County to attend.

In addition, Lin Ze also used his influence in the coal mine and his relationship with the Cao Gang to promote his gold bank.

This made Linze's gold bank immediately lively on the opening day.

After the ribbon-cutting was completed, many invited guests came to take care of Lin Ze's business. Hearing that Lin Ze liked gold, many wealthy squires in the county took out their gold reserves and placed them in Lin Ze's gold bank according to the order of one or two.

The ratio of gold to ten taels of silver was changed to silver.

For these large households, gold, a large-denomination currency, is not convenient to use except for the occasional consumption of jewelry.

Therefore, generally large landowners like to save money in convenient currencies such as copper coins and silver.

They came to take care of Lin Zejin Bank's business today, which not only gave Lin Ze face, but also satisfied his own needs.

The shopkeeper of the Gold Bank, a half-year-old boy selected by Lin Ze from among the families of coal mine miners, Huang Dongsheng handles everything in an orderly manner.

Lin Ze watched him work from the side and found that he had grown a lot after receiving training some time ago. Although he still seemed a bit immature in dealing with people, he was already very proficient in the business of exchanging gold and silver without making any mistakes at all.<

/p>

After the large households in the county who came to take care of business were exchanged, the gold bank became deserted.

Next, the main business of Gold Bank will be concentrated in the dock area.

At that time, providing services to passing merchants will be the main source of business for the gold bank.

I believe that with Caobang helping to promote Zhiyuan Gold Bank, coupled with Lin Ze's professional service attitude that he has repeatedly warned, the situation will definitely open up quickly and help Lin Ze harvest enough gold.<

/p>

"I didn't expect that these wealthy households in the county would actually send me 110,000 taels of gold at once, which directly emptied my silver reserves."

"I thought that the one million taels of silver prepared was enough, but in the end it turned out that it was not enough. I have to go back to the main world to purchase another batch of silver."
Chapter completed!