LETS Members are a group of local people who pay an

annual membership fee to belong to the group in their area.

They agree to abide by the rules of the group and to follow

the Ethics, Values and Principles of the trading system.

 

 

All members are listed in a Resource Guide which is

updated regularly and is posted out to members without the

Internet and accessed online through a password. The

information contained in the Guide is confidential to

Members.

Once the membership fee is paid the new Member is able

to start trading.

 

Services and goods are listed in the Resource Guide and

are available to all Members. Once selected, the Member

phones or emails the Member offering the goods or

service and makes arrangements for work to be done or

goods provided. A price is agreed upon. Once the trade is

completed the Member who has initiated the trade writes

out a transaction slip for the amount agreed in $B.

 

All completed slips are sent or given to the Transactions

Coordinator for processing. All trades are recorded and

accounts debited or credited. Regular statements of

account are sent out or emailed and a grand total given of

all $B traded during the course of the Membership.

 

Unlike a banking system there is no advantage in

saving $B as the system works best by keeping the $B

circulating. Accounts can only be in debit by $B300 and are

reviewed regularly by the Committee. In some instances

new Members will be slightly in debit until they started

having a 'take up' of their services or goods. Don't let this

prevent you from beginning trading.

 

Any queries can be answered by phoning the office on

8556 2705 or by asking any Member of the Committee or

another Member. We're all there to help and get you

trading.