Bank Loans

Answer:
A central bank needs to be established. Personal and business accounts need to be set up. Loans can continue to be paid in Sterling or the new currency. Pensions can also be paid in the same way.

Full answer here: How to start Scotland's own currency



The introduction plan for the new Scottish Currency

Author / Creator: Tim Rideout

Media type: Policy Paper

Date published: 2020

The introduction of a new currency needs to account for customer deposits and loans and the Sterling pensions guarantee.