How can I barter outside of my own city?
Trade exchanges participate in worldwide reciprocal trade relationships with other exchanges offering a multitude of additional barter opportunities. We fulfill our members’ travel requests via our vast Global Network. We also help businesses looking to open new markets by using the distribution channels available nationwide. In turn, we receive products from across the Nation that are made available to our local membership.
The International Reciprocal Trade Association (IRTA) & Universal Currency (UC)
The National Association of Trade Exchanges (NATE) & The BANC
(Nationwide Clearing House for Trade Exchanges)
These associations represent over 300,000 businesses and an estimated 5 billion dollars in trade. They offer members annual conventions and a trade broker certification program, maintain an ethics review process, and keep members informed of governmental actions and policies that have impact on our industry. Action programs include member services, business leads, media relations, speaker’s bureau, government affairs, education and training, conventions and meetings, technical consulting, supporting international members, assisting new start-ups, eliminating restrictive government regulations, industry surveys, and publications. Most importantly, they give barter exchanges the opportunity to market their members’ products to barter companies across the Nation.
Commercial barter is a young industry, roughly 20 years old, run by a strong group of entrepreneurs. The leading members of the industry are joined together in the International Reciprocal Trade Association which has branches in Europe and Australasia. It was this group that worked with the U.S. Congress to pass the barter tax compliance provisions of the Tax Equity and Fiscal Responsibility Act of 1982. The same law recognized barter exchanges on a par with banks and credit card companies as “third party recordkeepers” of the financial records of other taxpayers. All U.S. barter exchanges now submit to the tax authorities yearly total of the barter sales of their clients.