How does it work?
Introduction of the system;
Yatırım Barter starts the search of a company, makes detections and inquiries and holds meetings if the product or service is not available in the Barter Common Market. Targeted companies are visited with the pre-project. Information about the Barter System is given to the company. The information about the demanded product is given to the company. If the examinations of the company results in positive outcome, they will apply for a membership.
Membership Agreement ;
To be able to talk about the Barter system, one is required to be registered in the system created and run by Yatırım Barter by signing the membership agreement. Another expression of this process is to be open Barter accounts. Meaning that in return of the creation of a savings account while working with the banks, creating a Barter account within the range of Barter companies in the Barter system. A contract is made to ensure that the conditions and rules are being followed at the beginning of this process. A membership fee needs to be paid for membership.
Membership Application;
Membership demanding companies make the necessary preparations. Requested documents of Yatırım Barter for this purpose are; Membership Agreement Contract, Member Information Form, Supply Notification Form, Demand Notification Form and Official Company documents. Once the required documents are prepared, application is made to Headquarters through brokers. Each application is examined and approved by the Board. A single barter account is created for each approved application.
Promoting the Supply and Demand Information;
The supply and demand information of each company involved in the Barter Common Market is stored in the automated system. Supply information are given out to the other members of the system via e-mail, fax, various media organs. Barter Automation system makes comparison between both itself and brokers. Each supply and demand found as a result of this comparison is perceived as a possible transaction. This structure is automatically followed in a separate area.
Follow-up sessions;
Supply and demand comparisons are likely to be included in these sessions as the comparisons. In this process, party members are brought together through Yatırım Barter Brokers. They provide necessary support and consultancy for the operation to take place.
Request of Authorization Code;
When the buyer and seller companies come to an agreement, the seller company calls the Yatırım Barter Center and gives information about the barter operation and requests an approval. Yatırım Barter Credit Risk department takes this request into examination. Operations under a certain value are concluded at the time of the application, and operations above a certain value are taken into the examination process. Especially if the buyer company has enough funds or not is investigated; and if it is so, the authorization code is given. Authorization Code transmission system security elements are used according to the amount of the transaction.
Barter Cheque;
Seller member gives the information about the authorization code to the buyer and requests a Barter Cheque to be prepared. Barter Cheque is an essential instrument that allows the recognition and the reality of the barter transactions. Barter Cheque is used as three copies in application. The cheque is transmitted to buyer, seller and Yatırım Barter. These activities are the responsibility of the seller thanks to the system. When the copies of the Barter cheques reaches the Yatırım Barter Center, the operation becomes final. The account is closed and the operation begins.
Recording of the Barter System;
Barter accounts of members who perform the procedure are tracked by Yatırım Barter. In addition, each member follows their own Barter operations under the 120-ed accounts by saving them. The account of the member selling as a result of the Barter operation are credited. At the same time, the buyer member's account is charged.
