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Barter
Made Simple
To
make a trade purchase, the buyer calls the Trade Floor for
a referral to the appropriate seller. The buying member
contacts the individual he is referred to and identifies
himself as an exchange member. From this point on, the transaction
is the same as a cash purchase except that at the point
of sale, the Trade Floor is contacted for an authorization
number. When the authorization number is issued, the transaction
is complete. The buyer's account is debited and the seller's
account is credited. Each transaction you make is individually
posted to your account so you can easily review who you
bought from or sold to. Each month, BNI will issue a computer
statement which lists all transaction. And it keeps a running
balance of your account. With BNI, you know exactly where
you stand at all times.
Safeguards, controls and limitations
Barter Network's system works for the individual member
because you, not the exchange, control the amount and timing
of any trading that you do.
We believe the amount of trading that you do should be in
direct proportion to your purchasing needs and the availability
of those items in the system. However, since the number
of members at any given time is fixed, the number of suppliers
of a particular product is also fixed. But, since most people
have ongoing and varied purchasing needs, there are always
alternate uses for your Trade Dollar. We do, however, encourage
members to temporarily suspend selling if, after securing
a working balance, they are selling faster than they are
purchasing.
The bottom line is this, BNI works closely with each member
to ensure that you are trading at a level that is comfortable
and advantageous to your business. However, the decision
as to how much trading and when to do it is always up to
you. |
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