How Does Satachi Trade Bank Work? Satachi Trade Bank is in many ways similar to the age-old principle of bartering. This tried, tested and proven system works just as well today as it did thousands of years ago. Our role is to act as an independent facilitator, ensuring you get direct access to new potential clients within your business sector, and that you get the goods and services you want, when you want them. And... if by chance, any of our existing members do not require the goods and services you offer, we'll actively seek out companies that DO! All transactions are valued in Satachi pounds, which are equivalent to pounds Sterling. Also... Satachi pounds are recognised by the Inland Revenue for tax purposes. For your peace of mind we keep records of all transactions... and we always keep your account up to date... allowing you to concentrate solely on your business affairs.
Here's an Example of a Satachi Trade Satachi Member A requires £1000 worth of products and services from Satachi Member B. Incidentally, Member B could typically be your business. After the transaction is complete Satachi Member B's account is credited with S£1000 Satachi pounds, and Satachi Member A's account is debited by S£1000 Satachi pounds. Satachi Member B can now spend their credit on products or services provided by any other Satachi Members. Satachi Member A can settle their account at anytime by simply providing products or services to any other Satachi Members within the Satachi community. |