How does Premier Escrow Services work – our 5 step guide

Premier Escrow Services will act as an independent party in an agreement. This means that Premier Escrow Services holds and regulates the funds of the transaction until the conditions set out in the Premier Escrow Services agreement have been met.

Register User:

Buyer and Seller will register themselves on Premier Escrow Services.

Parties Agree

1. Buyer and seller upload their agreed terms to Premier Escrow Services and Premier Escrow Services reviews the terms to decide whether the terms are acceptable by Premier Escrow Services and that Premier Escrow Services can carry out the transaction smoothly.
2. Premier Escrow Services will draft the tailored agreement for the transaction of funds between the parties.
3. Parties will sign the agreement and upload the document to Premier Escrow Services.

Buyer Deposits Funds Into The Premier Escrow Services Account:

1. The Buyer decides in which country and currency it would like to remit the funds.
2. The Buyer uploads the payment confirmation slip on Premier Escrow Services.
3. The payment is confirmed and reflected on the Buyers Dashboard.

Seller Delivers

The Seller abides by the terms of the agreement and uploads the documents required to release the funds as per the terms of the agreement or Buyer accepts the terms and gives permission to release the payment.

Seller Gets Paid

Premier Escrow Services deducts its charges and transfers/releases the funds to the Sellers Dashboard and the Seller is free to do what they want with the funds and can transfer it to their Seller or transfer it in any bank account of their choosing.