Bank of Reveille Moves into Alexandria as Redmont Faces Banking Crisis

ALEXANDRIA – Bank of Reveille (BOR), one of Redmont’s longest-standing banks, has announced it will open its first branch in the Kingdom of Alexandria. The move comes at a time when Redmont is struggling through a banking crisis that has led to the seizure of its largest bank, its stock exchange, and another banking institution by the Department of Commerce.

Redmont’s government is considering printing new currency to bail out these failed institutions, a step that could spark inflation. Meanwhile, trade between Redmont and Alexandria remains limited to land, currency exchanges, and labor services. For Alexandrians and Redmont citizens with financial ties on both sides of the border, BOR’s entry represents the first foreign bank with an an established track record.

Current Banking Options in Alexandria

Imperial Dominion Bank of Commerce (IDBC) opened in March 2025, IDBC promises stability in Alexandria’s young market.
OCBC operates a single ATM under the supervision of Magistrate Pepecuu, who also serves as president of the Redmont Senate.

What BOR Will Offer BOR will bring its manual, “old-school” approach to banking, handling transactions by trained staff rather than relying entirely on automated systems. Services in Alexandria will include:

Standard chequing and business accounts
Personal loans
A new account numbering system to manage an expected rise in customer sign-ups

BOR also plans at least one physical branch and multiple ATMs placed in local businesses.

Exchange Rate System Under Development BOR is working on a proprietary exchange rate system to let clients move funds between Redmont and Alexandria more easily. Key details remain under review:

Liquidity options are being explored to support transfers.
A compliance team will oversee every transaction to ensure transparency.
Service fees will apply on both ends to cover staffing costs; final rates are still under discussion.
Update frequency for exchange rates has not yet been set.

Staffing and Compliance To handle increased transaction volume and maintain accuracy, BOR expects to hire:

An additional bank manager
More account officers
A second compliance officer dedicated to transaction review

“We’re expanding our team to make sure every customer receives careful, hands-on service,” was said by BOR’s Director of Public Relations.

Why This Matters For Alexandria, the arrival of an experienced bank like BOR offers more choice and could help stabilize currency exchanges at a time when Redmont’s financial system is under stress. Customers who want to open an account in Alexandria can contact BOR’s Account Officers for guidance. As both countries navigate uncertain markets, BOR’s expansion may set a new standard for cross-border banking in the region.