ADDR

London

Ormita Commerce Network

at 152 City Road, London , EC1V2NX

  1. Commercial Bank

Ormita is a global financial services network with offices in 21 countries. The company facilitates non-cash trade between participants

Ormita Commerce Network
152 City Road
London EC1V2NX
United Kingdom
Contact Phone
P: +442033551381
Website

Description

The Ormita Commerce Network, its licensees, and subsidiaries operate under the master brand name ‘Ormita’ or ‘Ormita Barter’. We are the world’s largest multi-national barter network as measured by international transaction volume, country footprint and service offerings, and believed to be the second largest barter network in the world after the WIR Bank, (formerly known as the Swiss Economic Circle / Wirtschaftsring-Genossenschaftor WIR). We provide regular barter related information and offerings to more than 210,000 business and public sector clients through personnel operating in Australia, Canada, China, Egypt, Germany, Greece, Hong Kong, India, Indonesia, Iran, Italy, Macau, Mexico, New Zealand, Pakistan, Poland, South Africa, Sweden, Turkey, United Kingdom, United States of America and Zambia. For more information, please visit ormita.com.

General Info

Ormita is the world's largest multilateral reciprocal trading system, with subsidiaries that conduct business worldwide. The Company provides an efficient platform to mitigate contractual hazards which arise in imperfect capital markets and provides import and export procurement financing and low cost collateralisation for creditors. As part of its institutional financing arrangements Ormita provides efficient and low cost exchange mechanisms and solves incentive problems which would otherwise prevent trade from taking place at all, particularly in cases where paying with goods rather than money can help to overcome creditworthiness risks.

Company Rating

7724 FB users likes Ormita Commerce Network, set it to 70 position in Likes Rating for London, United Kingdom companies in Local Business category

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