Escrow agreement Advantages

An Escrow agreement provides the following advantages:

Protection

The interests of both transaction parties are protected because funds are held by a neutral, trusted third-party international bank escrow agent.

Reduced Risk

Counterparty or market risks are minimized.

Confidentiality

Details of the parties to the agreement do not appear on any public register.

Assurance

The escrow agent provides independent assurance of escrow objectives (e.g., product arrives as per agreed terms).

Speed

Setting up an escrow account is very straightforward.

Transparency

Online visibility to see your funds while your material in transit thru to delivery.

Efficiency

Escrow facilitates efficient global transactions for the parties involved.

How Escrow Works via US Bank: