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Escrow FAQ

Headquartered in Irvine, CA, Escrow.com and its operating subsidiaries provide online escrow services that facilitate and accelerate e-commerce by assuring secure settlement.
Escrow.com is a privately held company that has pioneered the process of online escrow services. The Company, founded in 1999 by Fidelity National Financial, has established itself as the leading provider of secure business and consumer transaction management on the Internet.


Escrow process

How does it work?

  1. Buyer and Seller Agree to Terms
    Both parties agree to terms of the transaction, which includes a description of the merchandise, sale price, number of days for the Buyer's inspection, and any shipping information.
  2. Buyer Pays Escrow.com (Item 1 on Figure)
    The Buyer submits a payment, selecting check, money order, wire transfer, or credit card online. Escrow.com verifies the payment. Processing time varies by payment method.
  3. Seller Ships Merchandise (Item 2 on Figure)
    Upon payment verification, the Seller is authorized to ship merchandise and submit tracking information. Escrow.com verifies that the Buyer receives the shipment.
  4. Buyer Accepts the Merchandise
    The Buyer has a set number of days for an inspection and the option to accept or reject the merchandise. For more information, FAQs - Return Questions.
  5. Escrow.com pays the Seller (Item 3 on Figure)
    Escrow.com pays the Seller by check or wire transfer. The transaction is complete.
What are the benefits?
Escrow.com, an accredited escrow company, acts as a secure third party to protect the Buyer and Seller.

How Buyers are protected:
Escrow.com tracks the shipped merchandise and verifies it was delivered.
The Seller isn't paid until the Buyer accepts the merchandise, or the inspection period expires.

How Sellers are protected:
Escrow.com confirms when the Buyer receives merchandise.
The Seller is authorized to ship only after Escrow.com verifies good funds.

How much does it cost?
The escrow fee is a percentage of the transaction value.

What forms of payment does Escrow.com accept?
Escrow.com accepts Discover, Visa, Mastercard, American Express, wire transfers, money orders, personal or company checks, or cashier's checks. Credit cards are accepted only for Premier Service level.
Remember that each form of payment takes a different length of time to process. Checks require 3 to 5 business days, while payments with a credit card are processed within two business days. Note that certain payment types are limited to transactions in specific countries and currencies, and international buyers are advised that the fastest method of payment is wire transfer. International checks, international money orders, or any currency other than that specified for a transaction is not accepted. Escrow.com, at its sole discretion, reserves the right to refuse a payment type (such as a credit card) for any transaction.

What if the Buyer doesn't accept the merchandise?
Read about issues related to merchandise return at FAQs - Return Questions.

How do Sellers get paid?
When the transaction is complete, Escrow.com mails a check to the Seller. If the Seller requests another delivery method, it is available, but requires a separate delivery fee. Read More...

How do I start an Escrow?
Register to begin a transaction.

My question wasn't answered here - where do I find it?
View the complete list of Frequently Asked Questions.



 
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