💸 Escrow Assistance & Transaction Coordination
We ensure both parties get what they agreed on
Secure Transactions for Both Parties
International trade involves significant financial risk. Our Escrow Assistance & Transaction Coordination service provides a secure payment mechanism that protects both buyers and sellers throughout the transaction process.
Includes:
- Setting up escrow terms and milestones
- Escrow contract setup (TradeBridge-facilitated)
- Coordinating payment releases based on delivery confirmations
- Handling dispute resolution
How Our Escrow Service Works
A secure, step-by-step process that protects both parties
Escrow Terms Setup
We help both parties establish clear terms for the escrow agreement, including:
- Payment amount and currency
- Product specifications and quantities
- Shipping and delivery terms
- Inspection period and requirements
- Conditions for payment release
- Dispute resolution procedures
Escrow Contract Creation
We prepare a formal escrow agreement that clearly outlines all terms and conditions, ensuring both parties understand their rights and obligations.
Buyer Payment
The buyer deposits the agreed payment amount into our secure escrow account, where it is held safely until all conditions are met.
Payment Verification
We verify the payment and notify the seller that funds have been secured in escrow, allowing them to proceed with production and shipping.
Shipment Tracking
We monitor the shipping process, tracking the goods from origin to destination and keeping both parties informed of progress.
Inspection Period
Upon delivery, the buyer has an agreed inspection period to verify that the goods meet the specified requirements.
Payment Release
Once the buyer confirms satisfaction with the goods, we release the funds from escrow to the seller, completing the transaction.
Dispute Resolution (If Needed)
In case of any disputes, our team mediates between the parties to find a fair resolution based on the terms of the escrow agreement and the evidence provided.
Benefits of Our Escrow Service
Why businesses choose our secure transaction coordination
Payment Protection
Buyers' funds are securely held until they confirm receipt and satisfaction with the goods.
Seller Assurance
Sellers can ship with confidence knowing that payment has been secured and will be released upon delivery confirmation.
Reduced Fraud Risk
Our escrow system significantly reduces the risk of fraud for both importers and exporters.
Transparent Process
All parties can track the status of the transaction at every stage, ensuring complete transparency.
Fair Dispute Resolution
If issues arise, our neutral mediation team ensures fair resolution based on evidence and agreed terms.
Secure Your International Transactions
Let our escrow service protect your international trade transactions and ensure both parties get what they agreed on.