Scottish Central Bank

Independent currency requirements

Author or Creator

Common Weal

An independent Scotland needs its own currency. First requirement is a Central Bank. Then there the details of bank accounts, customer accounts (business and personal), repayment of loans, payment of pensions, and the printing and coining of money. All these are technical details which financial institutions are well versed in.

Let’s get Scotland’s banking right

Primary Author or Creator

Common Weal

Alternative Published Date

2021

Fast Facts

Policies to get banking oriented to customer benefit rather than profit. Pointers on how to establish and run a Scottish Central Bank.

TRANSITION TO A SCOTTISH CURRENCY

Primary Author or Creator

Peter Ryan

Alternative Published Date

2020

Fast Facts

The decision on Scottish independence is a decision for the people of Scotland. When making that decision it should be clear which currency an independent Scotland would use.