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The WIR franc is a Swiss community currency which is circulated and backed by the WIR Bank, a Swiss banking cooperative headquartered in Basel.
It is the one of the most widely used community currencies in Switzerland. The WIR Bank circulates WIR francs primarily through the provision of affordable loans in WIR francs to small and mid-sized businesses, which then use these loans to make purchases from other businesses which accept WIR francs.
It is the one of the most widely used community currencies in Switzerland. The WIR Bank circulates WIR francs primarily through the provision of affordable loans in WIR francs to small and mid-sized businesses, which then use these loans to make purchases from other businesses which accept WIR francs.
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