Timeshare exchange is just one of many benefits of timeshare ownership. Upon purchasing your timeshare, you will want to become a member of an timeshare exchange company. Timeshare exchange companies are usually affiliated with your resort and can assist you in exchanging your timeshare for one at a comparable resort. Once you have become a member of an timeshare exchange company, you can contact their consultants to walk you through the easy process of exchanging. You deposit your week into the “bank.” The bank is made up of other timeshare owners throughout the world that have also deposited their weeks. Some timeshare exchange companies may allow you to choose your exchange prior to depositing your week. Contact your exchange company to request an exchange after you have found a location and week that works for you. When you deposit your timeshare, it is not necessary to make an exchange immediately. One of the benefits to exchanging timeshare is that you don't have to travel during the same week that you have deposited, thereby, giving you more flexibility in your vacation planning.