Bulk Banking / Block Banking
The term Bulk Banking or Block Banking is associated with the banking of a large number of weeks with an exchange company such as RCI (Resort Condominiums International) or II (Interval International). It is commonly done by resorts or developers who have a surplus of weeks, and rather than them sit empty they space bank them with an exchange company. This also helps increase the trading power of certain weeks, and serves to increase the whole desirability of the timeshare development.
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