Welcome to Reciprocal Banking: a sustainable and ethical way for people to bank together.

 

This site is dedicated to promoting the co-operative interest-free saving and loan system which has been operating successfully in Sweden since 1970. The objective of promoting the system is to accelerate the formation of a member-owned organization to implement this system in the UK.

 

On the website you will find information about how Reciprocal Banking works, the benefits to members of being involved in the reciprocal system, and wider information about the systemic problems of the current banking practices and the negative role that interest plays in society.

 

It is also a place for interested people to come together to share ideas and knowledge about the model and develop plans for starting the system in the UK. There is a discussion thread for this purpose.

 

Reciprocal Banking is a true antidote to the toxic effects of the interest-bearing, debt-money system. It works in Sweden, let’s start it in the UK.