Time banking is a system that uses time as currency to allow people to exchange services. Members join a time bank network and list skills they can offer others. When a member helps someone else, they earn time credits that can then be spent to receive help from other members. The goals are to strengthen social networks and community engagement by facilitating reciprocal help among members. BancoH is developing a new time banking model integrated with social networking and sponsorships to allow broader exchange of hours, goods, and services compared to traditional time banking systems.

1. Time For A New Kind of
Bank and Social
Network:
Establishing time banking for privates,
business and social organizations
contact: info@bancoh.com

2. What is time banking?
A network of people using time as
currency to exchange services
Person A does something for Person B, B
pays A using time credits and Person A
can spend these time credits on
recruiting the services of Person B or any
other person using the time bank

3. How does it work?
 Interested people join the time bank and list
the kinds of skills or help they can offer
others
 The services people are offering can be seen
by all time bank members
 As part of the time bank everyone can then
earn time credits by helping someone and
spend time credits by having someone else
help them

4. How does it work?
 As a rule every hour spent helping
someone is worth 1 time credit
 Paper time currency is exchange for
offline systems or and an automated
system is used for online banks

5. Why do we need time banks?
 We no longer know our neighbours as
well as we have done in the past (e.g.
Putnam, 1996)
 We have a fundamental need to
belong to groups, communities, and to
grow our social networks
 Giving, receiving, reciprocating, and
using our skills to help others are
positive experiences

6. Why do it?
Personal benefits:
- Exchange useful services-
DIY (e.g. gardening, painting, flooring etc.),
music & art lessons, crafts, sports tuition,
childcare, school & college grinds, software &
web design, family finances..
Feel-good-factor: “Neighbour helping
neighbour”, make a difference, give back,
make use of abilities, be part of a community
of people with the common goal of helping
each other

7. Why do it?
Societal benefits:
- Builds trust, altruism, cooperation
(social capital),
strengthens social networks, engages
people of
the margins, provides an outlet for
proactive
people, can create a continuous stream
of
community activity

8. Origin and supporters
 Edgar Cahn (1992) – „Time Dollars: The New
Currency That Enables Americans to Turn
Their Hidden Resource-Time-Into Personal
Security and Community Renewal‟
 New Economics Foundations London
(2008, November) – „The new wealth of time:
How timebanking helps people build better
public services‟ and featured in „From the
ashes of the crash; 20 first steps from new
economics to rebuild a better economy‟

9. Time banking: In the news

10. Time banking: Google trends

11. What makes BancoH different
?
 Global concept, local acting
 Integration of Time Banking, Social Networking
and Sponsoring
 Exchange of hours vs hours, goods and services
 Flexible, business and consumer related
instruments: Not “just” a you help me, I help you
concept
 Sponsors can buy hours for NGO
members, communities or interest groups

12. Milestones BancoH
Starting with a info website, blog and
social networks
First
Prototype for Alpha Users, with
simple Offer Connecting
Social Network Options, extended
Profile, Wall, Local and Interest Grids

13. People have tradable skills, unmet
Time banking
needs, spare time. Many want to help others,
build their network of contacts.
in one slide..

14. What BancoH is looking for now
?
 Money for Hours: We offer hours in BancoH to
spend, as soon we are online, or to sponsor
NGO‟s, communities or user groups.
 Investors, which invest money to be
shareholders
 Hours for investment. We are looking for
Designers (Web and
Publicity), Programmers, Sales and Marketing
Pros etc.. So if you want to offer your time for a
shareholder value….
 Tks for your attention.
More and actual infos:
http://www.bancoh.com
http://blog.bancoh.com
 info@bancoh.com

15. Key online resources
 http://www.timebanking.org/resources.htm
l
 http://www.timebanking.org.uk/key_role1.
asp
 http://www.timebanks.org/
 http://www.neweconomics.org/gen/m2_i7_
timebanks.aspx
 http://www.kroonos.com/
 http://justxchange.org/