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Payment and Settlement Escrow

Financechain Limited provides a secure and safe Escrow system for transferring funds between buyers and sellers in the UK and internationally.

We provide the payment or settlement mechanism for suppliers and buyers to buy and sell goods,  companies and services – project based or otherwise - through a simple three-party (buyer, seller and Financechain) Escrow Agreement which:

  • Protects the seller by ensuring that ‘pre-deposited funds’ are available for payment as and when goods or services are delivered according to criteria specified in the Escrow Agreement – the seller is thereby assured that funds are available for payment
  • Protects the buyer by ensuring that his ‘pre-deposited’ funds are only transferred to the seller as and when the goods or services are delivered according to the criteria specified in the Escrow Agreement – the buyer is thereby assured that his funds are retained until satisfactory delivery by the seller

Financechain offers secure Escrow Accounts to companies regardless of credit history or geographical location.  We provide a safe and risk free Escrow settlement system which protects both parties during any transaction by making sure funds are available and released when the goods or services have been received or delivered.

Escrow terms are tailored to reflect the type of goods, and/or services being sold or bought.  We also provide bespoke, milestone based agreements where goods and services are being delivered at different times, dates and agreed key stages with release of payment on the pre-agreed conditions being met.

Financechain Limited specialises in a range of Escrow services such as Document, Intellectual Property and secure Holding Escrow Agreements, and our sister company SES is a worldwide leading provider of Software Escrow to third party software suppliers and their customers.

For more information about Financechain’s Financial Escrow services contact us on 0161 440 2700 or email enquiries@finance-chain.com