Transact Safely With Our Peer-to-Peer Escrow-Style Payment Platform
Welcome to First Escrow Limited, where we specialize in providing secure and reliable escrow services for a variety of transactions. With years of experience in the industry, we have built a reputation for trustworthiness and efficiency, making us the go-to choice for individuals and businesses alike.
Safe and secure transactions
Hassle Free setup of the Escrow Account
Doorstep service
Nil fee for account setup
Provided Features
Our team is dedicated to ensuring that every transaction is handled with the utmost care and attention to detail. Whether you are buying or selling a high-value item, completing a real estate transaction, or engaging in any other type of financial exchange, you can rely on us to facilitate a smooth and secure process.
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Register For Free now
Our account setup process is done in 3steps and with no fees.
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Protecting both buyers and sellers
We understand the importance of safeguarding your funds and ensuring that both parties involved in the transaction are protected.
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User friendly and responsive
Our system is easy to use with a power but simple to interpret customer dashboard.
Frequently Asked Questions
Have an escrow-related question? We have the answer! Check out our FAQs below to learn more about our company and services.
Your closer would be happy to assist! When visiting with your Realtor or closer, let them know you are interested in selling/buying using our services. It that’s simple!
First Escrow Limited Nominees holds funds while goods move and services are completed.
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.
First Escrow Limited Nominees can provide this service for a reasonable cost. The escrow set up fee and monthly processing fee may vary by location of closing office.
Our responsibility is to act as an independent third party that holds documents and maintains records of payments, tax documents and correspondence. We do not take the place of either the buyer or the seller and do not act on behalf of either party. We do not act as a collection agent and we do not provide legal advice.
▪ 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.
We highly recommend all Buyers reach out directly to their Sellers to find out more about the products and/or services being exchanged in their transactions. It is critical for both parties to agree upon the precise description of that being sold or rendered. If there are any questions about any element of the transaction, this should be clarified at the commencement of any transaction.
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.
OUR PARTNERS
We work with a network of trusted financial institutions, real estate agents, attorneys, and other professionals to ensure that our escrow services meet the highest standards of security and reliability. Our partners are carefully vetted to ensure that they share our commitment to providing exceptional service and protecting the interests of our clients.