Scriptural Money

Scriptural money is held by a bank in electronic or other non-cash forms. This term is used to differentiate between money stored as numbers on paper or a digital system and actual banknotes and coins.

Cash and scriptural money together make up the total supply of money.

This non-cash bank money primarily functions to facilitate the daily flow of transactions between bank accounts. But scriptural money is also the basis of all non-cash transactions, such as those made using debit and credit cards.

Scriptural money is partially created through cash deposits made into bank accounts.

But these funds are also created when lending institutions and merchant banks lend money. Through personal loans, business loans and mortgages, banks generate additional non-cash funds which add to their demand deposits.

Expert Benjamin Manz
Benjamin Manz was an expert on banking and financial topics at moneyland.ch.
Find out more

Current Offers From Banks

Swiss Trading Platform

Swissquote

  • Leading Swiss online bank with FINMA license

  • Free multicurrency account & low commissions

  • Access to more than 3 million products (shares, ETFs, crypto and more)

Benefit now
Free bank account

Yuh

  • No account fees

  • Banking partner: Swissquote

  • CHF 20 trading credit with code «YUHMONEYLAND»

Benefit now
Digital Private Banking

Managed by Alpian

  • Up to CHF 50 investment fee credit

  • Customized portfolios

  • Unlimited access to wealth advisor

Learn more for free
Free credit card

Swisscard Cashback Cards Amex

  • No annual fees

  • Two cards Amex & Visa/Mastercard

  • With cash back

Learn more now
Online private account

UBS Banking for adults

  • Open and manage your account, savings account, and cards easily in the UBS Mobile Banking App

  • Plus KeyClub rewards program

  • 50 CHF welcome gift

Learn more
For more comfort in everyday life and exclusive travel benefits

UBS Gold Credit Card

  • High card limit for more flexibility

  • Premium travel insurance included

  • Earn valuable KeyClub points with every payment

Learn more now
Find out more

Current Offers From Banks

Swiss Trading Platform

Swissquote

  • Leading Swiss online bank with FINMA license

  • Free multicurrency account & low commissions

  • Access to more than 3 million products (shares, ETFs, crypto and more)

Benefit now
Free bank account

Yuh

  • No account fees

  • Banking partner: Swissquote

  • CHF 20 trading credit with code «YUHMONEYLAND»

Benefit now
Digital Private Banking

Managed by Alpian

  • Up to CHF 50 investment fee credit

  • Customized portfolios

  • Unlimited access to wealth advisor

Learn more for free
Free credit card

Swisscard Cashback Cards Amex

  • No annual fees

  • Two cards Amex & Visa/Mastercard

  • With cash back

Learn more now
Online private account

UBS Banking for adults

  • Open and manage your account, savings account, and cards easily in the UBS Mobile Banking App

  • Plus KeyClub rewards program

  • 50 CHF welcome gift

Learn more
For more comfort in everyday life and exclusive travel benefits

UBS Gold Credit Card

  • High card limit for more flexibility

  • Premium travel insurance included

  • Earn valuable KeyClub points with every payment

Learn more now
Deal of the Day
×
Swiss Trading Platform

Swissquote

Leading Swiss online bank with FINMA license

Learn more See all deals
Find out more

Current Offers

Free credit card

PKZ Insider Card Visa

  • Welcome Bonus of CHF 100

  • No annual fees forever

  • Double bonus with PKZ and up to 1% worldwide

Learn more now
Free credit card

Swisscard Cashback Cards Amex

  • No annual fees

  • Two cards Amex & Visa/Mastercard

  • With cash back

Learn more now
Swiss Trading Platform

Swissquote

  • Leading Swiss online bank with FINMA license

  • Free multicurrency account & low commissions

  • Access to more than 3 million products (shares, ETFs, crypto and more)

Benefit now
Free Manor Mastercard

Manor World Mastercard®

  • 20% welcome discount + 10x points on your first purchase

  • Free extended warranty, travel and purchase insurance

  • Pay worldwide and collect points (even earn double points at Manor)

Learn more now
Digital Private Banking

Managed by Alpian

  • Up to CHF 50 investment fee credit

  • Customized portfolios

  • Unlimited access to wealth advisor

Learn more for free
Free Credit Card

swisscard

  • Winner „most affordable card for use abroad“

  • Maximum security and full control

  • No annual fee

Learn more now
Online private account

UBS Banking for adults

  • Open and manage your account, savings account, and cards easily in the UBS Mobile Banking App

  • Plus KeyClub rewards program

  • 50 CHF welcome gift

Learn more
Life Insurance

Generali

  • CHF 100.- Migros voucher upon conclusion

  • Death coverage

  • Premium guarantee: No increase

Get a free quote now
Find out more

Current Offers

Free credit card

PKZ Insider Card Visa

  • Welcome Bonus of CHF 100

  • No annual fees forever

  • Double bonus with PKZ and up to 1% worldwide

Learn more now
Free credit card

Swisscard Cashback Cards Amex

  • No annual fees

  • Two cards Amex & Visa/Mastercard

  • With cash back

Learn more now
Swiss Trading Platform

Swissquote

  • Leading Swiss online bank with FINMA license

  • Free multicurrency account & low commissions

  • Access to more than 3 million products (shares, ETFs, crypto and more)

Benefit now
Free Manor Mastercard

Manor World Mastercard®

  • 20% welcome discount + 10x points on your first purchase

  • Free extended warranty, travel and purchase insurance

  • Pay worldwide and collect points (even earn double points at Manor)

Learn more now
Digital Private Banking

Managed by Alpian

  • Up to CHF 50 investment fee credit

  • Customized portfolios

  • Unlimited access to wealth advisor

Learn more for free
Free Credit Card

swisscard

  • Winner „most affordable card for use abroad“

  • Maximum security and full control

  • No annual fee

Learn more now
Online private account

UBS Banking for adults

  • Open and manage your account, savings account, and cards easily in the UBS Mobile Banking App

  • Plus KeyClub rewards program

  • 50 CHF welcome gift

Learn more
Life Insurance

Generali

  • CHF 100.- Migros voucher upon conclusion

  • Death coverage

  • Premium guarantee: No increase

Get a free quote now
Swiss bank packages comparison

Find the best bank offer now

Compare now

Information

About moneyland.ch

 

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. More than 100 unbiased comparison tools and calculators are available on moneyland.ch, along with useful financial guides and timely news. The comprehensive comparison tools help you to find the right insurance policies, bank accounts, credit and prepaid cards, loans, mortgages, trading accounts and telecom products for your needs. The guarantee of independence applies.

Compare Bank Packages

Company
Users
Banks & Telecom
Insurance & Pensions
SSL
Swiss Made Logo
reCAPTCHA protected by
reCAPTCHA

moneyland.ch is Switzerland’s independent online comparison service covering banking, insurance and telecom. Contact us