Tradebank of Tri-Cities has released a YouTube video introducing barter as a concept.
Welcome to the Tradebank of Tri-Cities
Tradebank replaces direct barter with a platform that allows business owners to trade within a network for exactly what they need. This conserves cash within the business, which can be used more effectively elsewhere.
Tradebank members are simply agreeing to accept an additional form of currency for payment. Members are free to purchase any product or service within the Tradebank network—they do not have to accept each others merchandise directly.
The Tradebank Code of Ethics and our adherence to international guidelines ensure that all Tradebank activities are conducted in an ethical and fair environment for all members.
No longer are companies restricted to one-on-one trades. We make this possible through what we call a Trade Dollar. One trade dollar is the equivalent to one U.S. dollar, and all services are on a retail-to-retail basis. So, what you would charge a cash customer is the same that you would charge a trade customer but they would pay with trade dollars instead.
