Post by Merlin on Feb 9, 2015 18:53:31 GMT
Gringotts Wizarding Bank is the only bank of the wizarding world, and is owned and operated by goblins. It was created by a goblin called Gringott, in 1474. Its main offices are located in the North Side of Diagon Alley in London, England. In addition to storing money and valuables for wizards and witches, one can go there to exchange Muggle money for wizarding money. The currency exchanged by Muggles is later returned to circulation in the Muggle world by goblins.