No interest is charged on balances. The fees may be revised from time to time by the Core Group, in line with varying running costs. Members will receive advance notice of any changes. Current fees are 1 Oswald per month, charged 3 times per year. LETS is an open community system.
Any member is entitled to know the balance and turnover of another member's account.
The Core Group may also publish these details from time to time. No member is obliged to accept any particular invitation to trade with another member. LETS cannot be held responsible for the value, condition or quality of the goods and services on offer in the directory. The price of an article or service is set at the time of negotiation between members and is not the responsibility of the Core Group. It is an informal arrangement and there are no legal rights as in paying money.