Barter

The direct exchange of goods for goods of perceived identical value. Barter is a form of counter trade, and not a generic term. A single contract covers both flows. The seller of goods is paid with exchange of goods. There are no financial flows involved. In practice, the supply of the seller is affected, when there is sufficient revenue generated by the sales of the bartered goods provided by the buyer, or when the mirror of the accounts managed by a bank does not show an important imbalance in the value of goods shipped. Barter has found its creation with certain countries with extensive currency restrictions.