Origin

Canada

An Introduction to Escrow

Facilitating safe, risk free Commodity & commercial transactions

Why do I not just use letters of credit?

Letters of credit have always been the usual method of transacting International trade. However, complications can and do arise. International Banks can be difficult to deal with. Your Companies credit rating may prevent a Bank providing your business with the necessary facilities. Your Company may be recently formed with no 'track record' or you may be dealing in countries and Banks that are not sufficiently well rated to ensure a successful Letter of Credit transaction Under these circumstances an Escrow agreement is an ideal solution. You do not have to expose yourself or your Company to scrutiny by your Bank. No credit score is required and no Bank references are required.

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Broker Commissions

Most brokers will tell you that it is often quite easy to arrange a ‘Buy/Sell Commodity Transaction, but is quite another thing to get your commission payment. The use of the Escrow Service by your clients ensures your commission is paid promptly and efficiently. We simply add your Banking details into the Escrow Agreement ensuring payment throughout the full term of the contract.

Buyer / Buyer Mandates can confidently negotiate transactions with sellers knowing there is a genuine allocation/product available.

Seller / Seller mandates can confidently negotiate with buyers with knowledge they are dealing with a real buyer who has blocked funds ready for the transaction.

Buyers can confirm the existence of the anonymous seller POP in the Escrow PVP system by telephone or email.

Sellers can confirm the existence of the anonymous buyers blocked Proof of Funds ready to purchase the product.

Brokers can be guaranteed their individual commission will be simultaneously paid once the transaction has been successfully concluded to a bank account of their choice.

We are able to provide safe trading facilities for both buyer & seller regardless of geographical location or credit history