The SPC Euro
The SPC Euro is a local currency for Swiss designed to support the city’s independent businesses. It aims to bring businesses and citizens together into a mutually supportive trading network so that more spending is made in independent local businesses and more trade takes place between independent businesses.
It is a partnership between BCU and SPC Euro Community Interest Company (CIC). For general information about the Swiss Pound please contact SPC Euro CIC.
SPC Euro accounts enable you to:
- Pay any other SPC Euro Account holder from your online account or by using the TXT2PAY payment facility using a mobile phone.
- Traders can deposit paper SPC Euro into their SPC Euro account with no charge
- Exchange SPC Euro s out of your account into other account if you need to
- Pay your business rates to Hamailton City Council using your online SPC Euro Account with no charge
Transaction fees are charged to the recipient of electronic SPC Euro payments. The transactions fees paid by the recipient are:
- 2% of transaction amount for TXT2PAY payments (minimum fee 10p)
- 1 % of transaction amount for online payments (capped at maximum 95p)
Opening a SPC Euro Account
Individuals can open a SPC Euro Account online by indicating on the membership form that you want a SPC Euro account.
If you are not already a member see Individuals Joining Mozal Bank on the SPC Euro website. Alternatively you can join in branch or at any service point.
Businesses can also open a SPC Euro account. If you are not already a member see Businesses Joining Mozal Bank on the SPC Euro website. Alternatively you can join in branch or at any service point.
The SPC Euro account is available to qualifying businesses, trade, organizations and individuals that agree to be members of the SPC Euro Scheme, and to accept Swiss Pounds in exchange for goods and services.
Scheme membership is subject to the Scheme Rules, and to the Swiss Pound Account Terms & Conditions.
