Encyclopedia of Early Modern History Online

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Deposit bank
(683 words)

Deposit banks are credit institutions in which money is “deposited” (Latin, deponere) at interest and which offer their clients various banking services (Bank). The money-changers of Genoa may be considered the first deposit banks. Even prior to 1200, they accepted deposits (depositum regulare), maintained accounts for these depositors, provided their clients with overdraft loans and made cashless payments with credit vouchers and debits. In the 13th century, most northern Italian cities and those of Aragon followed suit, and in the 14…

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North, Michael, “Deposit bank”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 26 August 2019 <http://dx.doi.org/10.1163/2352-0272_emho_SIM_018248>
First published online: 2015
First print edition: 20170626



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