When are funds released by the Buyer?
Escrow.com may release funds to the Seller after the Inspection Period has ended. The Inspection Period is agreed upon by both parties and commences once the Buyer confirms receipt or Escrow.com confirms delivery of merchandise or registrant information to the Buyer's address on file.
In the event the transaction closes without involvement from the Buyer, a 24 hour notice may be sent to the Buyer. Funds are released to the Seller the same or next business day after successful completion of a transaction and upon verification by Escrow.com. If the buyer agrees to accept a vehicle based on a Bill of Lading, there is no inspection period.
For USD transactions, the seller can select from these disbursement options: domestic wire transfer ($10), international wire transfer ($20). Electronic check (ACH) payments (no charge) are also available for U.S. customers only.