KIDS TRIVIA

Detailed explanation-1: -Gringotts is the only known bank of the wizarding world and it is operated primarily by goblins. Wizards and witches keep their money and other valuables in vaults that are protected by very complex and strong security measures.

Detailed explanation-2: -According to Rubeus Hagrid, other than Hogwarts School of Witchcraft and Wizardry, Gringotts was the safest place in the wizarding world.

Detailed explanation-3: -It was founded by a goblin named Gringott in 1474, hence the name. It has its major office on the North Side of Diagon Alley, next to its intersection with Knockturn Alley, and is run solely by goblins.

Detailed explanation-4: -Australia House, London. The only known bank of the wizarding world, Gringotts Wizarding Bank is in fact Australia House on the Strand, in Central London. The Exhibition Hall of this house, with its chandeliers and marble columns, was used as the interior of Gringott’s Bank.