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HOW THE PROGRAM WORKS
The UNIVERSAL BARTER GROUP has been established to promote barter and trade through the barterworld.com trade system and the use of TradeBUX™.
Step 1 - Register for a Prestige BarterWorld™ Membership
Individuals register for a BarterWorld™ Prestige Membership allowing them the ability to immediately transact on BarterWorld™.
This special BarterWorld™ membership has a number of advantages when using the trade system:
- Participation in the UBG “Rewards Program”
- A “Personal Barter Assistant” to facilitate sales of personal property on the network
- The ability to apply for a “loan” in TradeBUX™ to accelerate their ability to acquire products and services from the BarterWorld™ network
Step 2 - Apply for an advance of TradeBUX™
Member applies for a loan in Canadian Currency which can be used to acquire TradeBUX™ at 1:1 exchange rate.
The minimum loan permitted for a Prestige Membership through UBG is $5,000 CDN with BarterWorld™.
A portion of the TradeBUX™ acquired may be used immediately to purchase products and services through BarterWorld™, while the remainder (or all) may be donated to a charity of your choice
Step 3 - Client provides a loan repayment deposit on the Advance (+ 5% marketing fee)
Each Prestige Member will provide a cash loan repayment deposit which will be invested for a 10 year period. The future value of that investment will be applied against the loan. (Note: voluntary participation in the “Rewards Program” will speed up the loan repayment process).
Step 4 - Client may use the TradeBUX™ to enhance their lifestyle and/or support their charity of choice.
Members have 4 options with their TradeBUX™:
i - Purchase goods or services for personal consumption through BarterWorld™
ii - Purchase products for donations to charities from BarterWorld™
iii - Donate their TradeBUX™ to a charity of their choice
iv - Hold the TradeBUX™ for future use
Members who elect to use their TradeBUX™ to donate products purchased through BarterWorld™, or who donate their TradeBUX™ to a registered Canadian charity,
will be entitled to a charitable donation receipt equal to the value of the goods or TradeBUX™ donated.
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