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Play it safe with the pvXchange escrow service
Trust is good, but you should never neglect security even with the most enticing deals and business. In cooperation with the established accounting firm Dr. Knabe GmbH, pvXchange offers you the opportunity to conclude individual escrow agreements - a tried and tested payment system offering you total security.
With the escrow service, payments are handled and monitored by Dr. Knabe GmbH, which acts as a neutral trustee. Funds are only released if the business partners are in agreement after consulting with the specialists at pvXchange.
Advantages of the escrow service:
- Safe payment independent of value level
- Safe in-payment and safeguard your purchase price
- The escrow account is proof of insolvency
- The escrow amount is using only for warranted claim
- The degree of creditworthiness is not important anymore
- Provides an opportunity to check the goods before payment
How our escrow procedure is running:
- The business partners agree on the terms and use of the escrow procedure
- The independent trustee manages the escrow account, which is held at a major German bank
- The purchaser transfers the purchase price to the escrow account
- The trustee releases the payment to the vendor if the specified requirements are met
- In the case of errors, deficits or non-delivery, the amount is transferred back to the purchaser
The escrow service offered by pvXchange is significantly lower in cost for our customers than comparable offers from banks and law firms or lawyers. Contact us and we will be happy to advise you.
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