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3 votes
0 answers
241 views

Where did Wizards store their money before Gringotts?

Gringotts was founded in 1474, which raises the question of where wizards and witches stored their wealth before the bank was founded. Is there a mention of this somewhere within the lore?
Him_Jalpert's user avatar
  • 3,728
16 votes
2 answers
4k views

Would Gringotts convert Wizard money to Muggle money?

The books make it clear that they offer the reverse service (see the following question: What Do the Gringotts Goblins Do With Muggle Money?). According to the canonical answer to that question, Q: ...
wyvern's user avatar
  • 1,247
13 votes
1 answer
3k views

Is Gringotts really the only worldwide wizarding bank?

In the first Harry Potter book, Hagrid tells Harry that Gringotts is the only bank: ‘They didn’ keep their gold in the house, boy! Nah, first stop fer us is Gringotts. Wizards’ bank. Have a ...
Alfredo Hernández's user avatar
29 votes
2 answers
5k views

What Do the Gringotts Goblins Do With Muggle Money?

‘But you’re Muggles!’ said Mr Weasley delightedly. ‘We must have a drink! What’s that you’ve got there? Oh, you’re changing Muggle money. Molly, look!’ He pointed excitedly at the ten-pound notes in ...
Slytherincess's user avatar
18 votes
3 answers
5k views

Does Gringott's Wizarding Bank pay interest on deposits?

Jack B Nimble answered something (to What exactly do the Malfoys do for a living? ) which seems to be in need of confirmation from the canon. Much like the British Royalty the Malfoys have "old ...
DVK-on-Ahch-To's user avatar