image
How it works

How Escrowserves works

1

Step 1

To start a transaction, register with Escrowserves, your details are completely safe.

2

Omit this step 2 if you have already been sent a Escrowserves proposal

Step 2

Create a Escrowserves account by completing the form with the amount to pay, the conditions under which this is to be paid, We offer a neutral referee service for those who cannot afford their own referee.

3

Step 3

Click Submit and a confirmation email offer is sent to you and the other party. The other party must then (register and) log in to Escrowserves to review the transaction terms. If they agree, they click 'Accept and Agree to Terms'.

4

Step 4

Both parties receive confirmation of the agreed terms which will govern the Escrowserves, and following the Payment procedure which would be organized by the company.

5

Step 5

When we receive payment from the parties, Escrowserves will notify you that the transaction is now live. Your money will be safely and securely held by Escrowserves until either party instructs payment to the other side, by contacting Escrowserves  regarding the Payment procedure. As soon as the payment instructions are completed, we transfer the money into your bank/cryptocurrency wallet or the other party's bank/cryptocurrency wallet. This ends the Escrowserves .

Important Rules

By operating a secure, streamlined process, we achieve complete protection of your payments efficiently, smoothly, and at extremely low cost (according to the conditions you set and agree).But we can only do so by setting certain rules - if you do not keep to these rules, we cannot normally deal with you at all, and you may incur significant expense.

1

You cannot make payment on behalf of another party

We strictly forbid third party payments and third party transactions.

2

You cannot receive payment on behalf of another party

We strictly forbid third party payments and third party transactions.

3

Payments to us must only be from your cryptocurrency wallet/bank account

The payment cannot travel via any other party. Likewise, payments we make to you will only be made directly to your registered bank account.

4

The underlying transaction must be fully on your behalf - we will not accept a transaction where you are acting (even partly) for another party

You cannot act as a nominee or an agent or on behalf of another in the transaction underlying your payment - the transaction must be fully on your behalf. When you instruct us to make payment to the other party in your transaction, you will also have to pay a penny or cent to us (often refundable) from your account to confirm the instruction - it is particularly important to quote the correct unique payment reference with that penny/cent payment. In the event that you do not understand any of the rules stated, please endeavor to reach out to Support.

image