An Escrow agreement provides the following advantages:
The interests of both transaction parties are protected because funds are held by a neutral, trusted third-party international bank escrow agent.
Counterparty or market risks are minimized.
Details of the parties to the agreement do not appear on any public register.
The escrow agent provides independent assurance of escrow objectives (e.g., product arrives as per agreed terms).
Setting up an escrow account is very straightforward.
Online visibility to see your funds while your material in transit thru to delivery.
Escrow facilitates efficient global transactions for the parties involved.