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Local Exchange Trading System (LETS)

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Administrator Information
Name Shira Destinie Jones
E-mail Address
Position / Job Title PhD student, LETS member
First Language English
Second Language Spanish
Organization Bath LETS
Organization Type Community-Based Organization (Unregistered)
URL Address
Currency System Information
Status Operating
Year the System was Started 1995
Community Bath
City / Urban Area Bath, Somerset
Country United Kingdom
Medium of Exchange Accounts + Cheques
Unit of Value Units of Independent Value
Valuation Non-Contract Agreement to Accept Currency
Cost-Recovery Mechanism
  1. Community Tax
  2. Account Opening / Joining Fee
Source of Funding Internal Currency Charges
Purpose for Establishing System Cooperation
Size of Membership 95
Population of Area Served by System 80,000
Estimated Yearly Operating Budget Internal Currency: 400
National Currency: 120 GBP (242 USD)
Yearly Volume of Trade Internal Currency: 250
Main Goods and Services Traded
  1. massage
  2. domestic help
  3. transcription/typing help
Similar Systems
Name of System Country Community Membership Matching
LETS den Haag Netherlands Den Haag 150
Göteborgs LETS Sweden Göteborg 60
Thames Green Dollar Exchange New Zealand Thames 60
ECO Alt Congost Spain Alt Congost, Catalunya 40
LETS Svojpomoc Slovakia Bratislava 40
New Moray LETS United Kingdom Moray 400
Hanbat LETS South Korea Hanbat LETS 600
stichting LETS Utrecht e.o., het Sterrenstelsel Netherlands Utrecht 180
Victoria Local Exchange Trading System Canada Victoria, British Columbia 100
Stichting LETS Tiel Netherlands Tiel 35

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