Welcome to Tradebank
“ Bartering for goods and services
can be a shrewd business move.“ – Business Week Online
LET’S GROW YOUR BUSINESS WITH BARTER Ninety-two percent of Fortune 500 companies and hundreds of thousands of other businesses benefit from barter. As a new member of Tradebank, your business will, too.
broker will help you strategically buy and sell within the Tradebank network. You’ll be introduced to many tools and tips that will help you to make the most of your trade opportunities.
These pages will introduce you to all the benefits of barter and working with Tradebank. You’ll find out how the Tradebank network can increase your sales, enhance your cash flow, and improve your bottom line. You’ll learn how your Tradebank
Bottom line: Trading is a financial tool that will make your business more profitable. Welcome to Tradebank. Let’s get to work.
BARTER MADE SMARTER— WITH TRADEBANK Trade has become a highly valued business method in world commerce and Tradebank International is a world leader. Since our start in 1987, Tradebank has completed over two million trade transactions—each helping our clients to conserve cash and improve their bottom line. At Tradebank, you’ll have access to thousands of companies that are new potential customers for your product or service. Plus, you’ll leave cash in your business, as you trade for goods and services that you would normally spend cash on.
• Gain new customers • Keep cash in the bank • Pay for purchases with your own products or services • Buy goods at your wholesale cost • Move excess inventory • Fill downtime in your business • Improve your bottom line
“ Bartering is a great strategy for success.“ - Forbes
Getting Started Tradebank is a network where thousands of businesses come together to trade what they have, for what they need. Ready to optimize your opportunities within this vast, dynamic marketplace? Let’s get started.
Your Tradebank Account There are two key numbers you’ll use as a Tradebank member: Merchant Number This seven-digit number is the main number for your account and is used when processing a transaction as the seller. Employees can process sales on behalf of your company. No purchase can be made using this number. Card Number This 16-digit number appears on your Tradebank card and is required for all purchases. Each cardholder receives a unique number, which allows the owner of the account to track purchases by cardholders.
“Barter gives clients a competitive edge.“ - Kiplinger’s
myTradebank.com myTradebank.com is our dedicated Tradebank member website and an invaluable resource for your trade business. Upon acceptance of your application, you will receive an email to confirm your email address to log into the system. At myTradebank.com you can: • Access your Tradebank account 24/7 • View your Tradebank statement/client activity • Search business ads for other Tradebank clients • Buy and sell through the classified section • Keep up-to-date with event announcements • Make a payment to your account • Manage your EasyPay profile • Request new cards and reprints • Primary owner of the account can manage users by assigning specified levels of access • Access multiple accounts from one login • Export statement activity to CSV file • Manage your requests and needs with automated trading tools that notify your broker immediately.
“ What do Honda Motor Co. and your
plumber have in common? Bartering. Business bartering is big, and it’s happening at every level.“ - Harvard Business Review
YOUR TRADEBANK BROKER As a Tradebank client, you’ll be assigned to a Trade Broker—a professional who is highly knowledgeable and experienced in all aspects of trade. Working closely with you to facilitate your success, your broker will:
Communicate With Your Tradebank Broker
• Show you how to trade effectively and facilitate trading on a daily basis.
• Educate your Tradebank Broker as to the products and services you provide.
• Serve as an additional sales person for your company, promoting your business through the Tradebank network. • Assist you in utilizing Tradebank for all your purchasing needs. • Introduce you to other business owners locally and throughout the Tradebank network. • Partner with you to make and save you money.
Ongoing communication with your Tradebank Broker is the key to your success as a Tradebank client.
• Inform your Tradebank Broker of your business and personal needs, so you’ll keep informed of trading opportunities. • Inform your staff not to spend cash before checking with your Tradebank Broker. • Your Tradebank Broker will keep you informed about the most current trading opportunities.
SELLING WITH TRADEBANK As the Seller: • Goods and services are to be sold at prevailing retail prices.
• Authorization from Tradebank should be obtained at point of sale.
• All goods and services priced under T$10,000 must be offered full trade. The amount over T$10,000 for a single transaction may include a cash component negotiated between the buyer and seller.
• Obtain pre-approval or have funds set aside in escrow for larger transactions.
• Seller should prepare an invoice for the buyer. • Seller is responsible to collect sales tax in trade. • Seller is responsible to remit taxes to the appropriate government agency.
• Seller is responsible for retaining their copy of the transaction slip. • Should the buyer dispute the charge, the seller is responsible to produce their copy of the signed transaction slip. In the case of telephone orders, the buyer’s acceptance of the product is considered to be their signature. • Help keep the Tradebank system fair and equitable. Alert the Tradebank staff to any unfair trading practices.
SELLING WITH TRADEBANK Completing & Processing a Transaction Only the Seller is able to obtain an authorization for a Tradebank transaction. The authorization number verifies the funds have been transferred from the buyer’s account to the seller’s account. For your convenience you can process a transaction and obtain an authorization number: • Via the Tradebank mobilePay App. • Online at myTradebank.com under Post a Transaction. • By calling (800) 899.1111 for the automated authorization center.
Buyer’s Account No.
Expiration Date
Seller Name
Buyer Name Seller’s Merchant No.
QTY.
DESCRIPTION/INVOICE NO.
AMOUNT
Date Authorization No.
AUTHORIZATIONS: 678.533.7171 or 1.800.899.1111 online at www.tradebank.com
SUB TOTAL TAX
CARDHOLDER ACKNOWLEDGES RECEIPT OF GOODS AND/OR SERVICES AND AUTHORIZES SELLER TO DEBIT CARDHOLDERS ACCOUNT THE TOTAL AMOUNT STATED HEREON IN ACCORDANCE WITH THE CLIENT AGREEMENT AND RULES & REGULATIONS GOVERNING THE USE OF THE TRADEBANK CARD.
TOTAL USD $ SELLER - WHITE COPY BUYER - YELLOW COPY
.
PAY GRATUITIES W/CASH – MIN. 18%
Mobile App Seller’s Merchant Number:
Buyer’s Account Number/Expiration Date:
Provided to seller during orientation and in the Welcome Packet. We suggest the Merchant Number be posted near the cash register (or payment station).
Obtained from the buyer’s Tradebank card.
Description: Can be a detailed description, generic description, or invoice and/or purchase order number. The description will show on both the buyer’s and seller’s monthly Tradebank statement.
Authorization Number: Obtained from Tradebank, the authorization number signifies that the funds have been transferred from the buyer to the seller. It is the seller’s responsibility to obtain authorizations.
How Tradebank Promotes Your Business • Personal Tradebank Broker • myTradebank.com • Tradeflashes • Client directories • Social Media • Networking events • Tradebank Expos • Your Tradebank Regional Owner • Word-of-mouth advertising • National network of Tradebank Brokers • Mobile App
BUYING WITH TRADEBANK As the Buyer: • Before you make your next cash purchase, call your Tradebank Broker to see if what you are looking for is available. • Know the difference between the calling statuses of “Broker Only” and “Client Call Direct” and follow these calling guidelines. • Buyer should identify himself/herself as a Tradebank client and follow trading instructions when contacting another Tradebank client. • Gratuities are always payable in cash (18% minimum for service industries). • Brokerage fees for trade purchases and the monthly accounting fee will automatically appear on your monthly statement. • Overdue accounts will not be authorized for further purchases until the past due amount is received. Late fees will apply. • Be aware that it is your responsibility to review the pricing and quality of goods and services before you make a purchase. Tradebank does not guarantee any product or service provided by our clients. Should there be a problem with a product or service, please address it with the seller.
• Any issues with policies being broken by other clients should be brought to the attention of your Tradebank Broker. We appreciate your help in keeping the Tradebank system fair and equitable.
“ Barter makes for good business.“ - USA Today
myTRADEBANK DIRECTORIES
Directory
Classifieds
Tradeflash
Enter a keyword or a general description of the good or service you are looking for. You can also search goods and services by category, location, or within a defined mile radius.
Find literally hundreds of goods and services offered on trade by Tradebank members, with new items posted every day.
Hear via email about new members who are joining the network, one-of-a-kind items that come up for sale, news on events and promotions, and one-time onsite sales.
TRADEBANK FORMS The myTradebank Library contains forms to assist you with trading and managing your Tradebank account—from referrals, to travel requests, to our Tradebank Client Agreement. These forms often provide valuable trade tips and are provided to help you maximize your experience using your Tradebank account.
nal Tradebank Internatio 327 Dahlonega St STE 604B Cumming, GA 30040
REFERRALS Referrals play a key role in the success of Tradebank and in the success of all our business owners. • Earn a T$200 Bonus for each Business Owner you introduce to us who becomes a Tradebank client. • Which of your friends, family, neighbors, and associates own their own business? • Which expenses do you currently pay with cash and would rather be purchasing through Tradebank? • Who has what you want? Who do you want as a customer? Who is currently doing business with a competitor and could be doing business with you? Talk up Tradebank. Help us provide you with even more trading opportunities. To access a referral form, visit the myTradebank.com Library or go to tradebank.com/referral
FREQUENTLY ASKED QUESTIONS When should I obtain an authorization? What’s the difference between Client Call Direct and Broker Only designations? How do I handle taxes when trading? What about gratuities? To find answers to these questions and more, visit mytradebank.com/members/faq
“ Barter gives clients a competitive edge.“ – Kiplinger’s
“Bartering serves as an attractive solution for business owners.“ – Entrepreneur Magazine
“ Millions of companies employ barter as a business tool.“ – Entrepreneur.com
WELCOME TO BARTER. WELCOME TO TRADEBANK. Tradebank International, Inc.
678-533-7100 888-568-5680
info@tradebank.com www.tradebank.com www.myTradebank.com