HOW DOES TRADE WORK WITHIN ITEX?
Members of our trade association use trade dollars (also known as trade credits) instead of cash, to handle their transactions. If a member trades one thousand dollars worth of products to another member, he will receive one thousand dollars in trade which can be used to purchase anything from our other trading members. Cruises, hotel rooms in most major cities, restaurant meals, advertising, printing, as well as thousands of other products and services can be obtained with trade dollars. ITEX operates like a bank, recording your deposits and charges. As an account holder, you receive a monthly statement detailing your transactions, just like a bank account. As a seller, simply accept an ITEX trade draft (it looks like a check) for the amount of the purchase. Call toll free to to receive an authorization code guaranteeing payment, then fax the trade draft to your broker for posting it to your account. It’s that simple to bank your ITEX trade dollars.
