What is the legal framework for trade between companies?
A : The legal framework for trade of goods between companies in France is highly regulated and secure. Current legislation governing the taxation of commercial transactions between businesses also applies to mandatory billing exchanges: payment of VAT, billing by offsetting. The only difference is that there is no monetary transaction; it is crossed by offsetting sales.
How to account for VAT for a barter exchange ?
A: The accounting of VAT remains the same as for a classic purchase/sale. In the B to B exchange, “compensation” will be mentioned on the invoice. This will generate a deductible VAT for the buyer and the VAT can be collected by the seller.
Why use the Barter €/$/£ currency?
A: Using Barter €/£/$ will allow you to implement multilateral business exchanges, and compensate you regardless of the value of exchange.
In practice: a sale made on our platform will credit your account with Barter Euros (or Barter Dollars, Pounds). This Barter currency can then be used to buy goods and services from any other member registered on the platform.
What is Trading-Links?
A: Trading-Links is a network allowing members to exchange goods and services. These exchanges take place at market value within the network’s exchange : the Barter Euro (or Barter Dollar/Pound)
How do you book a room on our platform?
- Manual reservation
A: Members of the network who wish to make a reservation can send a request to their desired hotels. The hotelier may or may not confirm the reservation, depending on availability.
A: Hoteliers will have the possibility to interface their PMS (reservation system) to the platform to receive bookings with rates in real time in the same way as on their own website.
What is the cancellation policy?
A:Hotels will define their own cancellation policy on their profile page. Hoteliers are requested to offer conditions similar to the ones provided to websites such as booking.com (or similar OTA).
How does Trading-Links select its members?
A: We select our new members after carefully reviewing the registration requests received through our platform. This selection is based on the activity, size, reputation and financial stability of each company. Trading Links reserves the right to exclude any members who do not respect the General Terms and Conditions nor the collaborative spirit of the network.
What is the Barter Euro ?
A : The Barter Euro is our network’s exchange currency (1 Barter Euro =1€) / 1 Barter Dollar = $1 / 1 Barter Pound = £1.
How can I earn Barter Euros?
A: Hotels can earn Barter Euros/Dollars/Pounds by accepting requests for complimentary hotel nights from other members; the value of the room will be equal to the sale price displayed on the day of purchase (Best Available Rate). Partners can earn Barter Euros/Dollars/Pounds by exchanging goods and services on our platform; the value of the said goods and services will be the same as when sold in the market. Hotels, partners and suppliers can offer promotions or private sales on the platform.
How can I spend my Barter Euros ?
A: You can spend the Barter Euros earned on the platform by purchasing any good or service from other members. Simply send the selected contact your request. If accepted, you will then be able to pay in Barter Euros.
Is it possible to buy Barter Euros?
A: Yes, this option is recommended once you have registered, before having exchanged any goods or service (1 B€/B$/B£=1 €/$/£).
Is the Barter Euro convertible into real money?
A: No, Barter Euros can only be spent on our platform.
How it works
How does the Trading-Links platform work?
Trading-Links is a trading platform bringing together a network of hoteliers, partners and suppliers from the world of hospitality and luxury sphere. By becoming a member of the Trading-Links network, you can publish your offers on our platform (hotel nights, services and other benefits). These offers can be seen by all members of our network and can be offered on a total or partial exchange goods basis. Trading-Links is neither involved in the contracting process between the members of the network, nor the billing process between them in any matter, whether in cash or Barter Euros/Dollars/Pounds. Our barter currency makes the network collaborative: you rely on the network to compensate your sales through purchases and vice versa, depending on your requests or your needs.
Can I purchase goods or services on the platform without having any Barter Euro credit ?
A: Members have the opportunity to make an overdraft authorization application when they register. The amount authorised by this overdraft depends on the type of business and the goods and services it has to offer. This system allows members to purchase goods and services on the platform before having to make any sale. Members must bring their balance to zero before closing their account.
What is the value of the goods and services exchanged on the platform?
A: The exchange of goods and services on the platform is based on their current price list.
If you have special rates with some suppliers of the network, the exchange will be done on the same basis as your negotiated rates.
What happens once my membership is accepted?
You will receive a confirmation e-mail with your membership details as well as the log-in giving you the access to the platform. You can then complete your profile online and start exchanging with members.