United Trade International
 Logo of the United Trade International | |
| Abbreviation | United Trade, UT International, UTI |
|---|---|
| Legal status | Active |
| Purpose | Serving as a banking organization to provide proper foreign exchange and trade between members of the League of Elarian Nations and the Elarian Trade Union. |
| Headquarters | Da'a'ck, Ela'r'oech |
Membership | See Elarian Trade Union |
Official language | English, Elarian |
| Owner | Charles I of Ela'r'oech |
Chairman | Charles I of Ela'r'oech |
Co-Chairman | William I |
Parent organization | Elarian Trade Union |
| Affiliations | League of Elarian Nations and Elarian Trade Union |
Budget | $1,325 |
United Trade International is an international banking organization based in the Empire of Ela'r'oech, serving as the official banking organization of all LENS-ETU member states. It provides foreign exchange and trade for both currency as well as products and goods. United Trade has been sponsored by over 5 banks across LENS member states.
Standard
United Trade has become the standard of all foreign-exchange in LENS member states and ETU member states. Instead of making a currency and printing bills, it holds a currency which all nations hold a portion of. They can then send in checks, rather than bills or coins, to the member state they wish. This has made it easier for all member states involved to send foreign aid, especially in times of crisis.
UTNet
UTNet, also known as UTNET, is a privatized financial transaction system used for nations and banks which are part of United Trade. UTNet gives the ability to transfer funds from independent, state-owned, public, and private banking corporations and direct national funds for members of United Trade. The first version of UTNet was made on 15 November 2022 and released the same day, during the 2022 Bayou recession.
