First Escrow Limited Nominees ensures Sellers are paid when they deliver goods or complete agreed upon services, ensuring Buyers receive a refund if goods are not delivered or services rendered. First Escrow Limited Nominees also vets Buyers and Sellers to ensure fraudulent users are removed.

How Buyers are protected:

• The Seller isn’t paid until the Buyer inspects and accepts the merchandise or services or the agreed-upon inspection period expires.
• Full or partial refunds can be issued if there is a problem with the goods or services.
• First Escrow Limited Nominees verifies delivery of trackable merchandise to the Buyer via online trackable shipping data the Seller provides to First Escrow Limited Nominees.

How Sellers are protected:

• Sellers receive their funds once they deliver the goods or services, the Buyer accepts the goods or services, or the agreed-upon Inspection Period expires.
• The Seller is notified to ship the merchandise and services once First Escrow Limited Nominees confirms funds have been approved and secured from the Buyer and all anti-fraud regulations have been met.
• If merchandise has been returned, we verify delivery of trackable merchandise to the Seller via a tracking code or as provided by the Buyer.
• The Seller is protected from unexpected chargebacks.

First Escrow Limited Nominees may be used for transactions involving the sale of most goods and services. We are ideal for high-priced goods and services (above 500 Euro), also when Buyer and Seller have no prior understanding.

We’re often used for purchases on auction sites, classified ad sites, business-to-business e-commerce sites, and online merchants. First Escrow Limited Nominees is not currently used for real estate transactions.

▪ Maintain your own independent record of payments.
▪ Handle collection and/or payment issues directly with the buyer.
▪ Be sure adequate insurance is in force to protect the collateral.
▪ If necessary, legally enforce the terms of the contract.

▪ Maintain your own independent record of payments.
▪ Make full payments as required by the contract in a timely manner.
▪ Maintain insurance improvements, if part of contract.

The product should be clearly defined in the “Description” section of the transaction, and both the Buyer and Seller must agree on all aspects of the transaction, including the “Description” section at the inception of a transaction. For complicated transactions, we recommend the Buyers and Sellers create and sign an agreement to fully clarify the product and/or services being transferred and/or completed.

Additionally, once the Buyer receives the products and/or services, the Inspection Period becomes critical to ensure the products and/or services are exactly those listed in the “Description” or agreement. If the product and/or service is not what was agreed upon at the inception of the transaction, the Buyer has the opportunity to return or reject the products and/or services before the Inspection Period expires.