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Barter House Inc. helps design and implement Barter counter-trade trade transactions to facilitate the company's project and products or services overseas.  We help clients sell commodities, manufactured goods, technology or services worldwide.

Counter-trade and barter are trading techniques used by most firms with a limited supply of foreign currency, but which need to import goods. In many cases these will not be goods for which there are already established trading patterns, rather they will be goods that would not otherwise be exported.

Checklist for our clients for barter/counter-trade

Use a Barter House agreements made by our lawyer

  • Use a Barter / Counter-trade specialist from Barter House (eg a commodity trader with counter-trade expertise)

  • Our Prime bank opens a escrow account for receipts, and export goods to the value of the amount of hard currency in escrow (foreign exchange permission for the escrow account may be needed from the buyer's country)

  • Barter House ask the customer to provide a  guarantee for any shortfall of the amounts expected from the proceeds of sale barter / counter-traded goods, especially if you are committing resources to make goods to order.  

  • Barter House obtains political risk cover on the buyers’ country in relation to the risk of frustration of your export contract and on the frustration of the import contract.

International barter often means products or services are sold internationally and other goods or services are offered as payment. Most knowledgeable corporations find barter advantageous provided that the products or services are sold for acceptable cash returns.  

We have more detailed information for our clients in the clients area.

 

   

 

 

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