Financial Faq

This page has the answers to the questions most fequently asked about the financial aspects of the Escrow! service.

How much does it cost to use the Escrow! service?
What ways of payment does Escrow! accept?
Who pays Escrow's! service fees?
When do I pay?
When will the payment be charged to my credit card?
How and when is the Seller paid?
Can I be reimbursed Escrow's! service fees if I return the goods?

For any questions about the general use of the Escrow! service, go to the General use page. If you cannot find the answer to your query, send an e-mail to our Client service.

Q: How much does it cost to use the Escrow! service?
A: The cost of the Escrow! service is based on the total amount of the transaction and on the method of payment used by the Buyer, as shown in the chart bellow. The total amount of the transaction is determined by the purchasing price of the goods plus the eventual postage and packing costs.

 

The transaction cost Escrow! (Credit Card) bank transfer

banker's draft,

bill of exchange

Up to Euro 5.000,00

Up to USD 5.000,00

Up to GBP 3.500,00

3,8%

2%

2%

From Euro 5.000,01 to 25.000,00

From USD 5.000,01 to 25.000,00

From GBP 3.500,01 to 17.000,00

Conctat us info@escrow-europa.com

1,5%

1,5%

From Euro 25.000,01 to 250.000,00

From USD 25.000,01 to 250.000,00

From GBP 17.000,01 to 176.000,00

Conctat us info@escrow-europa.com

1%

1%

 From Euro 250.000,01 to 500.000,00

From USD 250.000,01 to 500.000,00

From GBP 176.000,01 to 352.000,00

Conctat us info@escrow-europa.com

0,85%

0,85%

Above Euro 500.000,00

Above USD 500.000,00

AboveGBP 352.000,00

Conctat us info@escrow-europa.com

0,65%

0,65%

Minimum Cost

Euro 8,00

Euro 4,00

USD 4,00

GBP 2.75

Euro 4,00

USD 4,00

GBP 2.75

 

Q: What ways of payment does Escrow! accept?
A: Escrow! accepts the following ways to pay:
1. credit cards (VISA, MASTERCARD);
2. bank transfer;
3. banker's draft;
4. bill of exchange.

The money must be paid net of the sending and receiving costs, any mistakes made in transfering the money can cause delays and further expenses.

Payments must be made in Euro, USD or GBP payable to Escrow! Please use a current account wich is in the same currency as agreed on the transaction.

If the payment is made by credit card, the User must be the credit card holder. All payments made by credit card must be in Euro, to find out the conversion you can use The Universal Currency Converter  web site.

To know our fee click here.

For further information refer to the arrangements in Escrow's! Service Terms. 

Q: Who pays Escrow's! service fees?
A: The cost of the service can be paid by the Buyer, the Seller, or divided between them both. The Buyer and the Seller will come to an agreement, at the beginning of the transaction proceedings, on who will pay for the service. The Buyer is responsible for the payment when the goods are returned, without considering the person who had taken on the responsibility of the payment at the beginning of the transaction.

Q: When do I pay?
A: The Buyer will be asked to transfer the payment once all the points of the transaction are agreed on by both parties. The payments are net of the sending and receiving costs. To check the amount to be sent we advise you to open the transaction page and refer to the main entry "Total debit".

Q: When will the payment be charged to my credit card?
A: The payment will be charged to the Buyer's credit card when he/she send a fax with the details required to confirm the payment. When the Buyer receives the monthly bank account statement, it will show that Escrow! had cashed the payment (please take note that Escrow! has to receive the payment from the Buyer before asking the Seller to send the goods).

Q: How and when is the Seller paid?
A: Escrow! will pay the Seller with a cheque or a bank transfer, after the goods have been received, when the Buyer expresses his/her aproval of the purchase, or after the time agreed on for the Inspection Period is over. We would like to remind the Seller that the expenses of sending and receiving the money will be charged to the consignee. 

There is a Euro 5,00 banking charge for bank transfers sent within the European Union.

Bank transfers sent in GBP or USD or any bank transfers sent from a Non European Union country will be charged Euro 17,50 for the banking expenses.

The bank charge for any cheque either sent abroad or in GBP or USD is Euro 25,00

These charges will be deducted from the total amount that the Seller should receive.

For information send a mail to our Customer Service.

Q: Can I be reimbursed Escrow's! service fees if I return the goods?
A: No, once Escrow! has received the payment from the Buyer, the service fees are non reimbursable.

 

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Service Terms
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