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IREEX, the
International Real Estate Equity
Xchange is a fully licensed
international real estate operation
contracted to provide services
related to the American Trade
Cooperative (ATC) and to facilitate
the use of the American Trade Dollar
(AT$) in real estate transactions.
IREEX has a vast network of
principals and practitioners in the
U.S., Canada, Latin and South
America, Europe and Australasia
more....
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The American Trade
Cooperative
ATC is a consortium of businesses
that conduct business with each
other using a private, asset-backed,
electronic “complementary currency”,
the AT Dollar, used, together with
cash, in transactions between
members of the Cooperative. The
System has been developed in
conjunction with WIR Bank, a Swiss
organization that has operated a
similar co-operative system for many
years.
more....
ATC's Credit System
ATC extends credit in AT Dollars
(AT$) to credit-worthy Members who
can secure a credit line with ATC.
AT$ are used, together with cash and
other traditional forms of payment,
to acquire goods services and real
property from other members of the
Cooperative. Loans are not placed on
an amortization schedule and are not
repaid using cash.
more.....
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U.S. Bank
(www.usbank.com)
The
American Trade Cooperative has
contracted with U.S. Bank to provide
payment services including online
account access, transaction posting
and transaction viewing via their
Virtual Merchant Platform.
more.....
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Switzerland WIR Bank
(www.wir.ch)
WIR
Bank is the model used to develop
ATC. The WIR Bank is the world’s
best-known and largest cooperative
operation. WIR Members use an
electronic, assets-backed,
complementary currency, the WIR
Franc. Established in 1934 as a
business cooperative, WIR began
providing banking services in the
mid 1980s and offering services to
the Swiss real estate industry in
1990. Today, 62,000 businesses, 19%
of all Swiss business, have accounts
with the WIR Bank. That number
includes 840 real estate companies
more....
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History of Cooperatives and Research
For detailed information about the
history of Cooperatives (history)
and research documentation of the
project (research)
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