Trade Bank

Posted By: Mel McMahon · 12/9/2011 8:02:00 AM

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. As an intermediary, Tradebank receives a commission on each transaction and saves all parties the trouble and process of collection, exchange of goods, or matching needs exactly with those of another party.