A business lists information about its company on the local and national Tradebank Web sites so that other businesses can contact it for   services/products. Tradebank will help promote businesses by sending occasional email, text and fax blasts about them to other businesses in the network.

Instead of using cash to purchase products or services, members use “trade dollars,” which are actually barter credits. Each time a business   sells its services/products to a company, it earns trade dollars. It can then use those trade dollars to purchase any services/products   available within the network. For example, a dental office may sell its services to any business. In return, the dental office may purchase anything available inside the network, including flowers, theater tickets, a stay in a hotel, restaurant certificates, real estate, a painting or legal services.

Tradebank completes trades for its clients much like a clearinghouse. The transactions between companies are converted to barter credits, or “trade dollars,” and are reflected as balances in each trading  company’s  “trade account.”  As an intermediary, Tradebank receives a  commission on each transaction and saves all parties the trouble and process of collection, exchange of goods, or matching needs exactly  with those of another party. All accounts are maintained and serviced by Tradebank


1.  A BUSINESS may be contacted by Tradebank because another Tradebank member is in need of its products/services and requested the   Tradebank broker to call on the BUSINESS. Or a BUSINESS may contact Tradebank directly to become a member.

2.  The BUSINESS gets assigned a Tradebank broker who will help promote the BUSINESS to Tradebank’s network of members. In addition to marketing the BUSINESS’s product or service, the broker also acts as a purchasing  agent for the BUSINESS by understanding where they are currently spending cash on business or personal needs. Also, the new BUSINESS will be promoted via the monthly Trade Street Journal and Tradeflashes (email  newsletters). 4. A BUSINESS gets assigned a Tradebank account number and a card with that number on it.


1.  Members obtain a password for the secure online Tradebank Web site, A Member inputs the name of their business and lists what products/services it provides.  That page is listed (PAGES OF  NATIONAL  AND LOCAL WEBSITES TO BE ENTERED HERE). Be sure to be thorough in writing about your products/services so that other Tradebank members can find your business when they are in need of those particular products/services. A member also specifies what type of  products/services they are looking for from other Tradebank members.

2.  A BUSINESS owner/manager must let people know that his BUSINESS is available for trade. A member can attend Tradebank University meetings that are held monthly to meet other members. Owners can also email their broker requesting that Tradebank send a short blurb (100 words max written by the member to other members in a blast email.

3. Once A BUSINESS accrues Trade dollars, that BUSINESS can purchase products/services from other members.

4. A BUSINESS can search on the secure network for goods and/or services they would like to purchase via trade dollars. (SEE THE “HOW TO SEARCH”   PAGE)


Once a member is contacted by another member to provide products/services, the buyer should be sure it gets a signed contract before any work begins. Both parties should have a signed contract (or approval from both parties via email) saying what the buyer will receive, the price that will be paid and the date by which the services are to be completed or the product is to be delivered.

If your BUSINESS is carpet cleaning and someone has asked you to clean their carpets, you, the seller, should have in writing EVERYTHING you are going to do to clean their carpets. For example,

  • clean carpets in the entire house (except where there is heavy   furniture)
  • apply scotch guard on all carpeting
  • clean sofa and four chairs
  • scotch guard sofa and four chairs
  • Total Amount for the above $200 (plus tax)
  • Or, if you provide services and charge by the hour, specify in the contract, 10 hours of child care services at $125 per hour.
  • Total Amount for the above $1,250 (plus tax)

When a BUSINESS is acting as buyer, not a seller, that BUSINESS should make sure there has been a signed contract by both parties to prevent any possible misunderstanding. It is in the best interest of both parties to have agreed in writing to all work to be done before any work begins.

Once a contract has been signed, the Seller gets the Buyer’s Tradebank 16-digit card number and processes the order online. It’s up to the Seller to complete the financial transaction on the Tradebank Web site in order to receive payment.

The Seller goes to At the top of the page in gold letters it says Authorize. Click on Authorize.

Once you click on Authorize, it takes you to an unnamed page. On that page, the Seller inputs his Merchant Number and inputs the Buyer’s   16-digit Tradebank account number.

The Seller then enters in the amount of the sale.


Once a month, a BUSINESS will be charged a 12-14% commission (only on the amount of Trade dollars spent during that month) and that is in $U.S. dollars. (Automatic deduction payments are charged 12% commission vs. written check would be 14%).

A BUSINESS will also be charged a monthly accounting fee of $15.00 (to be paid is $U.S. dollars to Tradebank) to cover bookkeeping costs.

Tradebank is viewed by the IRS as an authorized third party and its record keeping is in accordance with the Tax Equity and Fiscal Responsibility Act of 1982.

For more information, visit or call 1-865-531-1822.


The Benefits of Trade are Incredible

  • Brings you new business on a continuing basis
  • Conserves your cash
  • Frequently increases your profit margin
  • Lowers your overhead cost
  • Members refer new cash customers
  • No accounts receivable
  • No bad debts or bad checks
  • Itemized monthly statement
  • Valuable new business contacts
  • Multi-state and international trading privileges
  • Your gross margin is inverted into a discount when you buy
  • We do all the bookkeeping for your transactions

For more info, Contact a Tradebank of Knoxville representative.