Terms & Conditions
AllCity Barter Members will sell products and services at their current or prevailing retail prices for AllCityTradeDollars to other members in good standing with AllCity Barter. AllCityTradeDollars must be accepted for the total value (100%) of a transaction unless prior arrangements have been made with AllCity Barter. Real estate and individual transactions of substantial value may be negotiated for a partial cash payment by prior agreement between members. Purchases of equipment for a specific service (such as plumbers, electricians or auto mechanics) may be reimbursed for such purchases in cash. Any mark-up must be accepted in barter dollars.
Members of AllCity Barter selling products or services for inflated prices will be given one warning. If a member continues to sell products or services substantially above retail or continues to charge a premium for barter transactions, that member will be expelled from the AllCity Barter and forfeit all funds in their account.
AllCityTradeDollars shall not be considered as legal tender, securities or commodities, by either AllCity Barter or its members and may not be redeemed for cash.
Gratuities and taxes, which are standard to the member, shall be collected by the member and shall be paid in cash or other acceptable means at the time of the transaction. AllCity Barter shall not be responsible for the failure to collect tax or gratuities.
Buyers must identify themselves to the seller as an AllCity Barter member PRIOR to making purchase arrangements. Trade between members without the knowledge or approval of AllCity Barter is prohibited, and if consummated, is subject to a cash transaction fee from both the buyer and the seller at the current AllCity Barter rates. Continued violation of this policy will result in expulsion from the AllCity Barter.
Purchases by members will be limited to the amount of AllCityTradeDollars accrued to their accounts unless secured by collateral and approved by an officer of AllCity Barter. Member grants to AllCity Barter the right and power to make AllCityTradeDollars loans to any member on terms and conditions consistent with the Member's credit status and the ability to repay the loan. The exercise of this power shall be at the sole discretion of AllCity Barter with regard to principal, interest, collateral terms, and other particulars. Interest will be charged monthly to all members whose accounts are in a deficit position as this is considered a loan. The interest charge will be based upon the deficit balance as of the end of each month.
The member may cancel this agreement with 30 days written notice. Upon cancellation all barter dollars must be spent within 90 days on products and services available through the AllCity Barter. All transaction fees of the balance remaining in the member's account are due before any additional transactions will be approved. Any Member with a negative barter balance (where purchases exceed sales) must balance its account with AllCityTradeDollars within four (4) weeks of termination date. After said four (4) week period, Member must immediately pay AllCity Barter Exchange any remaining negative balance in cash. AllCity Barter reserves the right to charge any fees due against credit cards or EFT authorizations on file.
AllCity Barter shall not be responsible for any and all disputes between buyer and seller. Said disputes shall be settled by the parties themselves. Barter transactions are entered into on a voluntary basis by buyer and seller. AllCity Barter shall not be responsible for the service quality, delivery, warranty, or dispute between buyer and seller. The member hereby indemnifies AllCity Barter and shall hold AllCity Barter harmless with respect to any claim, debt, or liability whatsoever, arising out of any trade or transaction wherein member is a buyer or seller.
All members agree not to use proprietary information, members or systems concerning or related to AllCity Barter. All members further agree not to use proprietary information, members or systems as a separate or independent company or partner with any other companies with the purpose of doing business in the barter and trade industry.
An authorization must be obtained from AllCity Barter for each purchase. To receive credit for a transaction, Seller must:
- Obtain an authorization number either by logging in to the website or calling AllCity Barter for each transaction at the time of purchase.
- Obtain an authorization / process the sale within 30 days of transaction.
Transaction reversals must occur within 30 days of sale. Buyer and seller will forfeit any transaction fees for reversals processed beyond 30 days.
If, after one year, an account has not had any activity (buy or sell), and the account remains with a zero balance, AllCity Barter shall have the right to close that account. Member acknowledges that, from time to time, Member firms will cease doing business, abandon or otherwise exit the AllCity Barter network leaving a debit or credit balance in their barter account. Further, AllCity Barter maintains an account termed "Reserve" wherein the debit or credit balances are charged or credited. If AllCity Barter loses contact with an account due to a disconnected telephone and/or continued returned mail, and the Member has not attempted to notify AllCity Barter of this change of status, AllCity Barter will close the account after 60 days and credit any barter dollars to AllCity Barter Reserve account.
Memberships may not be transferred or sold without AllCity Barter approval.
Member's monthly statement will be considered accurate as printed unless the AllCity Barter accounting department is notified of any discrepancy within 10 days of receipt.
AllCity Barter may place a Member's account on hold and/or cancel this agreement if one or more of the following situations exist:
- AllCity Barter has received 2 written complaints on a given Member for either proof of poor performance or attempting to charge in excess of Member's retail prices.
- Member has committed fraud, either on other Members or against AllCity Barter.
- Member is not following his/her contractual agreement with AllCity Barter.
- Member has exhibited unprofessional behavior in dealing with AllCity Barter staff or in the conduct of bartering with other AllCity Barter Members.
Cash fees: Any Member monthly fees are recorded as insufficient funds, or any other financial deficiency, will be assessed a $25 cash fee. All fees are due and payable on the first (1st) of each monthly statement. AllCity Barter will charge a cash late fee on any cash balance outstanding. Accounts 30 days in arrears will be placed on Buy/Hold until balance is paid.
Member recognizes and grants to AllCity Barter, and those having an ownership interested in AllCity Barter, the right and power to borrow from the AllCity Barter and spend within AllCity Barter system, an amount which shall not exceed one (1) year's gross receipts by AllCity Barter.
Member has read these Policies and Procedures, which are binding upon the Member fully as the conditions and provisions of Member Agreement. In the event this Agreement is signed on behalf of the Corporation, the individual signing the Agreement on behalf of the Corporation does hereby agree to be individually liable for full performance by said Corporation on this Agreement.
In the event any dispute is referred to an attorney with or without suit, the prevailing party shall be reimbursed for attorney fees and reasonable collection costs. Any court action shall take place in the County of record for AllCity Barter.
AllCity Barter may, at its option, request advance payment of Member Transaction fees. Outstanding fees and fees on the barter balance are due in advance of any spend out.
AllCity Barter is a third-party record keeper reporting all sales to the Internal Revenue Service.
AllCity Barter provides all members with a 1099B at the end of each calendar year.
BCL Soft (BCL) makes no representation or warranty either express or implied, and disclaims all liability, as to the fitness, quality, delivery date, merchantability, prices or any term of any barter transaction. Member agrees to indemnify and hold BCL harmless with respect to any claim, debt, or liability whatsoever, arising out of any transaction wherein the Member is a Buyer or Seller. Member acknowledges that any transaction facilitated by the Barter21 network, in which Member participates, is entered into by Member on a voluntary basis. Member agrees to waive any claim, debt, or liability whatsoever against BCL arising out of any computer or software malfunction or processing errors.