A Scotsman walks into the Bank of England in Threadneedle Street, Central London and asks for the manager.
He tells the manager that he is going to Australia on business for two weeks and needs to borrow £5,000.
The manager tells him that the bank will need some form of security for the loan, so Hamish hands over the keys and documents of a new Ferrari parked on the street in front of the bank. He produces the Log Book and everything checks out. The manager agrees to accept the car as collateral for the loan.
The bank's General Manager and its officers all enjoy a good laugh at the rough looking Scotsman for using a £120,000 Ferrari as collateral against a £5000 loan. An employee of the bank then drives the Ferrari into the bank's underground garage and parks it there.
Two weeks later, Hamish returns, repays the £5,000 and the interest,which comes to £15.41.
The manager says, "Sir, we are very happy to have had your business and this transaction has worked out very nicely, but we are a little puzzled. While you were away, we checked you out and found that you are a multi millionaire. What puzzles us is, why would you bother to borrow "£5,000"?
Hamish replies: "Where else in London can I park my car for two weeks for only £15.41 and expect it to be there when I return:"
Ah, the mind of the Scotsman!
If only it was that easy for most of us to borrow £5,000.