How to Join

Contact your nearest office of The Jewelers Board of Trade for further details and assistance.

1. Establish Confidential Member File

• Member submits to JBT in absolute confidence a customer list with corresponding customer ID numbers.

• JBT staff cross-references each account submitted to corresponding JBT ID#.

2. Format Member File to JBT Report Format

• JBT staff will confer with member’s data processing staff and credit manager to formulate a program, which will convert data submitted by the member to JBT’s reporting format. This ensures that information submitted by the member is properly reflected in the credit report

3. Member Submits Monthly Aged Trial Balance

• The member submits its aged trial balance on a monthly basis. This information is submitted on hard copy, computer tape, computer diskette, or transmitted directly to JBT.  Many members submit their Customer Master by customer number, thereby assuring confidentiality and allowing ease of accessibility to the previously established master file.

• Information submitted is immediately entered into the appropriate subject company.  Media through which information was received is either returned to the member, or destroyed, depending upon the wishes of the member.

4. Member Receives Customized Report at End of Month

At the end of each month, all accounts whose JBT rating has changed or on which a claim has been placed with JBT’s Collection Department are compiled. This account list is then cross-referenced with your company’s customer list to produce a customized summary of your company’s accounts which have been subject to a rating change or the JBT collection process. The valuable information is then mailed directly to you, at no extra charge!

5. Interim Updates