Financial Instrument

3 entries

Knights Templar Banking

Financial InstrumentPaper1150

The Knights Templar pioneered international banking during the Crusades. Pilgrims could deposit mone...

Medieval Tallies

Financial InstrumentWood1100

Notched willow sticks used to record debts in medieval England. The tally was split lengthwise, with...

Templar Check

Financial InstrumentPaper1150

See Knights Templar Banking entry. The Templar letter of credit was revolutionary because it allowed...