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