Complementary Currencies/BoK EN - Regiogeld

General Description

Regiogeld (regional money) is a group of community currencies being used in several regions and towns of Germany and neighboring countries (Austria, Switzerland, The Netherlands), of which Chiemgauer was the first and largest Regiogeld program. In Regiogeld, the currency is voluntary agreed upon by consumers, associations and businesses. Although, there are some minor design differences between the different Regiogeld currencies, they are essentially the same. All Regiogeld currencies are redeemable vouchers purchased with national currency and redeemable for national currency, which are only accepted locally. Regiogeld can be considered the successor of the Stamp Scrip of the 1930’s, having largely the same characteristics. Just as Stamp Scrip, Regiogeld is a currency that is issued in the form of banknotes and subject to a ‘demurrage’.