Local Phone Number:
702-425-2676

How Barter Works With Tradebank of Las Vegas

In bartering’s simplest form, two businesses or professionals exchange items of equivalent value.

Tradebank, however, opens up a whole new dimension. Now you don’t have to find someone who simultaneously needs your product or service and has what you need. Only one trader’s need is required to start the process, and with the help of a trade broker, everyone comes out with something they need.

Tradebank completes trades for its clients much like a clearinghouse or commercial bank would do for stocks or checks. The transactions between companies are actually converted to “trade dollars”. One Tradebank dollar is equal to one U.S. dollar in value and are reflected as balances in each company’s “trade account.” The accounts are maintained and serviced by Tradebank. We save all parties the trouble and process of collection, exchange of goods, or matching needs exactly with those of another party.

TradeBank is a federally licenced third party record keeper. As an intermediary, Tradebank receives a commission only when you spend your trade dollars not when you take them in. That means we bring you new business and we help you find what you need to spend your trade dollars on. That’s when the full sales cycle is complete and that’s when we get paid. You have no receivables. No collection efforts. No bad debts.