Independent currency requirements

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

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

Type of Resource
Video
Primary Author or Creator
Common Weal

TRANSITION TO A SCOTTISH CURRENCY

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. If the people of Scotland vote for an independent Scotland with its own currency, that democratic mandate should be respected.

Type of Resource
Policy Paper
Primary Author or Creator
Peter Ryan
Additional Author(s) / Creators
Scottish Independence Convention