How does Firstescrowlimited.com work?
Firstescrowlimited.com reduces the risk of fraud by acting as a trusted third-party that collects, holds, and only disburses funds when both the Buyer and Seller are satisfied.
- Buyer and seller agree to terms. Either the Buyer or Seller initiates a transaction. After registering at Firstescrowlimited.com, all parties agree to the terms of the transaction.
- Buyer pays Firstescrowlimited.com. The Buyer submits a payment by approved payment method to our secure Escrow Account, Firstescrowlimited.com verifies the payment, then the Seller is notified that funds have been secured “In Escrow”.
- Seller ships merchandise to Buyer. Upon payment verification, the Seller is authorized to send the merchandise and submit tracking information. Firstescrowlimited.com verifies that the Buyer receives the merchandise.
- Buyer accepts merchandise. The Buyer has a set number of days to inspect the merchandise with the option to accept or reject it. If not approved, the Buyer will raise a dispute and enter the dispute resolution process.
- Firstescrowlimited.com pays the Seller. If the merchandise is accepted, Firstescrowlimited.com releases funds to the Seller from the Escrow Account.
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