Using Bank of New York Mellon with Escrow.com

Standard Fee
  1. Buyer and Seller agree to terms
  2. Buyer submits payment to Escrow
  3. Seller delivers goods or service to buyer
  4. Buyer approves goods or services
  5. Escrow.com releases payment to seller

Do you need to make a transaction? Transferring money online is one of the safest ways to process your money. Many traditional methods such as checks, drafts and money orders just as easily do the job. However, by paying your transaction online it is processed quicker, there are no delays and it is actually the safest method. Surprised? Online payments are the safest because everything is documented, there are no paper bills cluttering the transaction and there is an organised tracking method to follow the process of your money. Conducting an online transaction with your Bank of New York Mellon account via Escrow.com increases the security of your payment.

What is Escrow? Escrow is a financial arrangement where a third party holds and regulates payment of funds, ensuring safety and satisfaction. Conducting online transactions via Escrow.com adds another layer of security between the buyer and seller in coordination with your investment transaction. This makes the purchasing process easier and ensures certainty and trust between the two parties.

Making a transaction with your BNY Mellon account through Escrow.com is quick and efficient. The process is so simple. First, the buyer and seller has to agree on the set price and the terms of the transaction. The buyer then completes the transaction and is taken to the ‘Sale Completion’ area. The funds are kept for safekeeping with Escrow.com while the seller completes the transfer process. Once the payment is verified, the seller will deliver the merchandise to the buyer. Escrow.com will verify that the Buyer has received the merchandise. The buyer has time to inspect the product and accept it if they are pleased with the quality. The funds are then released once both parties are satisfied.

Are you concerned about the transparency in your transaction? Don’t worry! Every time you log into Escrow.com, their status updates will let you know exactly where you are in the transaction process.

Do you want to personally talk to someone about the services of Escrow.com? No problem! Escrow.com is backed by experienced and knowledgeable escrow professionals. The staff are available to personally assist you with any concerns or needs that may arise. They offer live phone support Monday through Friday, from 8:00 am to 4:00 pm and reply to emails usually within 12 hours.

Facilitated by a trusted third-party, the escrow process removes the risk from online transactions to ensure a safe, secure and intuitive sale for both buyers and sellers. What are you waiting for? Visit Escrow.com for a secure transaction today.

Frequently Asked Questions

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Not sure if your transaction can be covered? Call our friendly support team on 888-511-8600 to find out