How do talent exchanges work?
Timebanking is a rewarding way to exchange your talents (and access the talent of others) without real money changing hands. The process is very smooth. It's easy to earn, spend and donate time credits. 1 time credit = 1 hour given. You can add and manage your own exchanges, make direct arrangements with other members and record all of the hours that you have exchanged.
Once you have been approved to the timebank, adding offers and requests to the timebank is easy. Other members can take up your offer and you will use the platform to exchange credits when the offer or request has been completed. You can exchange as little as 15 minutes (a quarter of a credit).
The below illustration depicts the basic exchange process:
Step 1:
Janie adds an offer - "I can help people set up their computers".
Step 2:
Rupert responds he’d like to take up Janie’s offer.
Rupert hasn’t necessarily added any activities before, but he has credits to spend and this would be a great help.
Step 3:
Janie accepts Rupert’s response.
Janie and Rupert can chat on the website to make sure they’re a good match.
Step 4:
Janie and Rupert chat. Janie accepts Rupert’s response and they arrange a convenient time for the exchange.
Step 5:
The exchange happens.
Step 6:
Janie receives her credits. She can use these to spend in the timebank.
Rupert now has his computer set up.
If you have any specific queries relating to this talent timebank, see our contact page.