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Video: WIR Bank

 

The WIR Bank is an alternative bank in Switzerland that issues its own currency (the WIR) among its participants. Converted to Swiss Francs, the annual revenue of the WIR system is estimated to be around 4 billion CHF. While some financial services are available to private individuals, only companies and small businesses can trade in WIRs. Shops and hotels in Switzerland use a sign on the door to indicate that they also accept WIRs.

 

 

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