What method of sale execution should I choose: Direct Transfer or Escrow Transfer?
If you feel unsafe because you do not know the seller personally you may choose to involve an independent third party (escrow transfer). Your funds will be kept on an escrow account until you confirm that you have received the domain name. However, escrow.com charges a fee for its services. You will have to add $40 to your bid for covering the international wire transfer fee. Additionally, escrow.com will charge 4% if you pay by credit card and 1.25% for check and wire transfer payments. If you choose direct transfer you will have a legally binding contract signed by seller stating its double-sum money back liability. • Can I pay by credit card? Yes, you can, but only if you choose escrow transfer as the execution method. We do not accept credit cards, escrow.com does. • I have submitted a bid for domain name, but you have added additional $40 to price in escrow transaction. Why have I pay more? Escrow charges $40 for release of funds to the Buyer via bank wire transfer. This charge is
Related Questions
- What is the method of payment and remittance/credit of sale proceeds in case of transfer of shares between resident and non-resident ?
- Are there any formalities to be completed or forms to be filed on execution of the Sale Deed or document of transfer?
- What method of sale execution should I choose: Direct Transfer or Escrow Transfer?
