Escrow Service
Escrow Service
Bought a bargain without inspecting it first? As an independent trustee we provide greater security in payment handling when trading partners don't know each other. If you don't want to buy a pig in a poke, we take over the payment as an independent third party to guarantee you more security in online purchases.
The internet has opened many new opportunities for trading used agricultural machinery and made offerings more diverse and international. But can you really trust every seller and buyer on the global web? And how does the tractor, combine harvester or loader wagon reach the buyer?
Our company answers both questions with the "Escrow Service". We have developed a procedure for trusted online trading that includes the transport of the used agricultural machine or used vehicle.
Why buyers and sellers trust us
Insolvency-protected account
Your funds are held in a separate escrow account β they remain safe for you even in the event of insolvency.
14-day check period
After you receive the machine we keep the purchase price for another 14 days. Time to inspect the vehicle at your leisure.
Independent third party
We act neutrally between buyer and seller β no side is favoured, only security matters.
Safely to closing in 5 steps
Request transport quote
Buyer or seller requests the transport costs. The forwarder sends you an individual quote immediately and free of charge.
Place the order
Buyer and seller receive a contract from the forwarder. Both contracts are signed and returned.
Pay
The seller hands over the machine and signs the freight documents. The buyer transfers the purchase amount to the designated business account.
Goods handed over
The transport is only dispatched once the purchase amount has been received. The forwarder delivers the machine directly to the buyer.
Goods received
The buyer has a 14-day inspection period during which the goods may be returned. If a return is made, the seller bears the cost of the return shipment.
What escrow means for you
We combine the escrow procedure known from lawyers and notaries with digital technologies. This sets new standards in payment processing for safe trading β fair, cost-efficient, fast.
As an independent party we take over the payment for you to guarantee more security in your purchase. Use our escrow service β probably the safest online purchase for everyone!
The "Escrow Service" seal guarantees for buyer and seller alike that goods and money are properly exchanged while also ensuring fast and reliable delivery.
With our escrow service we give every seller the opportunity to offer reliable transport to national and international customers while protecting themselves against fake buyers and fraud.
For buyers, the escrow service provides the assurance that their money will be returned should the purchased machine not be deliverable.
In the escrow service we act as the independent third party (trustee) handling payment processing to guarantee more security in online purchases.
You transfer the purchase amount, the freight costs and the escrow fees to our business account. You receive the necessary banking details in the transport confirmation should you wish to use the escrow service. The amount is only forwarded to the seller once the conditions agreed between buyer and seller have been fulfilled.
Our goal is to protect both buyer and seller from fraud and to handle payment safely and fairly for both sides. Deposited funds are kept safely on an insolvency-protected escrow account until the deal is concluded. The buyer is given the opportunity to check the goods or service before funds are released. The seller only ships after payment has arrived and is protected against unexpected chargebacks.
Thanks to the escrow service your payment is fully secured. After you receive the vehicle we keep the purchase price for another 14 days on our escrow account. This way your money is safely held until you have been able to verify the vehicle. Only then is the money released to the dealer.
Escrow service β answers at a glance
Who can use the escrow service?
What does the escrow service cost?
How long does the entire process take?
What happens if the machine is not as described?
Is my money safe even in the event of insolvency?
Ready for a secure purchase?
Request a no-obligation quote for transport with escrow handling β free of charge and within a few hours.