World Trade Banc (WTB), a privately held corporation headquartered in Houston, Texas, is one of America's largest business barter exchange systems and by far the most innovative.
WTB maintains a vast online marketplace where participants, without using cash, buy and sell everything from advertising media and office equipment to brand-name jewelry and luxury cruises.
World Trade Banc's membership includes businesses, self-employed individuals and tax exempt organizations. These members provide their surplus to more than 50,000 participants and shop from over $100 million of goods and services in WTB's commerce network.
Instead of cash, participants transact using credits called "trade dollars", a legal private currency that is taxable and tax deductible like cash. World Trade Banc has the same third-party recordkeeping responsibilities as banks and accounting firms.
Members use World Trade Banc's infrastructure, expertise and services to conserve cash, capture new customers, reduce surplus, increase income and profitability, access trade credit lines, and gain new taxplanning flexibility.
Religious and nonprofit organizations joining World Trade Banc attract donations from WTB's worldwide business membership. These organizations spend donated trade dollars on vitally needed goods and services to further their mission while conserving cash.
World Trade Banc also provides unique expertise and resources to resolve other business challenges such as helping startups succeed, performing debt workouts and breaking logjams in business and real estate transactions.
To further explore how World Trade Banc can help you, please contact us.
Thousands of businesses and independent professionals rely on World Trade Banc to satisfy business and personal needs while conserving cash.
