The bank is being used by another member of your Warband?

Logged in on only one character and a brand new error… What’s going on this time around?

This can happen if you tried to log in, failed (or crashed) and then tried to log in again on another toon.

You need to wait for the previous toon to log. Takes anywhere from 5-30 minutes. This is the same error as “too many characters with that name”.

Source: happened to me more than once as i was giving out all my warband gear to all my alts.

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