Sunday 30 January 2011

Time Banking UK

Yellow seems to be a running theme with these time banks. As yet another time bank uses a tone of yellow in its identity. I have found this site, out of the ones i have found so far on my research the most informative. The language is simple and easy to understand, its legiable and very effective in terms of finding your way around the site.
This particular example is a time bank for persons of any profession, with time on their hands. However, and this is a part of the brief im uncertain with. This particular time bank has a members fee of £35 per annum, as an individual. The expense baffles me, as if you register and organisation, its £100 per annum for (UP TO) 150 members?? Well thats a clear loophole in this system, i will get 150 of my best friends together, join as an organisation and pay just 66p per annum, each.

It is to my understanding that our system does not have a joining fee. And this makes sense too me, who would want too pay £££ to join a free time system?

The latest statistics for time banks in the UK are (According too Time Banking UK)

  • 92 active time banks
  • 112 developing time banks
  • 2 neighbourhood time banks
  • 14514 participants actively involved in time banking
  • 792027 hours traded between participants to date




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