ECU - *E
Electronic Currency Unit

represents the unit of measurement and accounting for AEQUUM money

Characteristics

Global

Private

Fiduciary

Voluntary

Credit

A global currency is a currency accepted for trade around the world.

Private currencies are units of value issued by private organization, such as a corporation or nonprofit enterprise. A private currency is typically issued to act as an alternative to a national or fiat currency.

Fiduciary money depends for its value on the confidence that it will be generally accepted as a medium of exchange. As long as people are confident that this promise will not be broken, they can use fiduciary money just like regular fiat or commodity money. Examples of fiduciary money include cheques, banknotes, or drafts.

A voluntary trust is a type of living trust that is created during the lifetime of the trustor and is also known as an inter vivos trust. A voluntary trust is also defined as an obligation arising out of a personal confidence reposed in, and voluntarily accepted by, one individual for the benefit of another. This is in contrast to an involuntary trust, which is created by law.

Credit currency is the currency that is issued and created through credit procedures with credit as a guarantee. Credit currency is the product of further development of substitute currency.

Virtual

Alternative

Complementary

Non Convertible

Non Legal Tender

Virtual currency can be defined as an electronic representation of monetary value that may be issued, managed, and controlled by private issuers, developers, or the founding organization. Such virtual currencies are often represented in terms of tokens and may remain unregulated without a legal tender.

Alternative currency is a term that refers to any currency used as an alternative to the dominant national or multinational currency systems (usually referred to as national or fiat money). Alternative currencies can be created by an individual, corporation, or organization, they can be created by national, state, or local governments, or they can arise naturally as people begin to use a certain commodity as a currency.

A complementary currency is a currency or medium of exchange that is not necessarily a national currency, but that is thought of as complementing national currencies.
Complementary currencies aim to protect, stimulate or orientate the economy. They may also be used to advance particular social, environmental, educational or health goals.

A non convertible curresncy is an currency that may not be converted into another currency on the foreign exchange market, or that may be converted only in limited amounts.
The limitation of convertibility is necessary to protect users from making bad investment decisions and to protect against capitalist influences.

Non-legal tender currency is a payment method freely chosen by users that no state or government can declare mandatory.
Legal tender currency is a payment method that is sanctioned by law for the settlement of a debt or financial obligation within a particular jurisdiction. Fiat money issued by the central bank of a country is legal tender a binding medium for the fulfilment of a transaction between parties.

Integration

Automation of deposits and withdrawals.
Storage, sending and receiving ECU currency.
Allow third-party companies to use ECU currency for payments.

Partners


Any person, business or institution has the opportunity to participate voluntarily as a user of the ECU currency.

Getting started!

Open an account with Ecu Bank.
Receive your initial and monthly income in your account.

How to use?

Trust and give value to your currency.
Recommending your friends to do the same.
Start using your currency as if you used any other currency so far.

ECU Estimates

ECU (*E) is an alternative currency that is not convertible into national currencies, regional currencies, cryptocurrencies or other alternative currencies, but indicative to facilitate its use, you may consider the following equivalents:

Frequently asked questions

  • How do I sign up?

    Getting Started / Creating an Account

  • Why was my bank account rejected?

    Getting Started / Bank Account Verification

  • Do I have to sign a data processing agreement?

    Getting Started / General Data Protection Regulation

  • How do I link payments to my website?

    Integration / I have a general question about integrating

  • How do I refund a payment to one of my consumers?

    Payments / Refunds

Getting Started

Open account with ECU Bank.
Receive your incomes.

Payment Methods

Online banking payments.
Mobile App payments.

Integration

Internal marketplace on
ECU Bank website.

Our Clients

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Martijn Wijsmuller - Client

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