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Welcome to the Stroud Pound website.

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How will the local currency work for consumers and shoppers?

 

  • Consumers who join the scheme (one-off joining fee £5) will be able to buy local currency vouchers (‘Stroud Pounds’) in exchange for Pounds Sterling.  Click here for a list of outlets and exchange points.

 

  • 1 Stroud Pound will be worth 1 Pound Sterling.  Notes will be in four denominations (£1, £2, £5, £10).

 

  • When joining the scheme, individuals can nominate a local charity or social enterprise of their choice to support.   Thereafter, for every currency unit purchased by that individual, 3% is allocated to the chosen local charity provided it is a member of Stroud Pound Co-op.  Click here for a list of participating charities.

 

  • Consumers will be able to spend Stroud Pounds with participating shops and businesses that will be listed on the Stroud Pound website and in a printed directory.  Click here for a list of participating traders.  If you opt to do so, you can receive email updates about new participating traders and other news.

 

  • Consumers will not be able to exchange Stroud Pounds back into Sterling Pounds.  Stroud Pounds are for spending, not saving.

 

  • To encourage the money to remain in circulation Stroud Pounds will lose 3% of their value every six months – on March 31st and September 30th.  At the end of the six-month period, the value of vouchers may be restored by purchasing and affixing stamps amounting to 3% of their value. Vouchers can then be used for a further six months. After two years the notes are replaced.

 

More questions?  Click here

 

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FAQs Consumers

Click here for consumer joining form