
How to use Escrow
How to Use Escrow
Escrow makes business transactions safe, simple, and secure by protecting both buyers and sellers. Whether you are buying products, selling services, or closing a big business deal, escrow ensures that money is only released when both parties are satisfied.
Here’s a step-by-step guide on how to use SDDTIF ESCROW:
1. Agree on the Terms
The buyer and seller first agree on:
Price of the goods or services
Delivery timeline
Conditions for releasing payment
This agreement sets the foundation for the escrow process.
2. Buyer Deposits Funds
The buyer pays the agreed amount into SDDTIF ESCROW’s secure account. The seller is notified that funds are safely deposited and ready for release once terms are met.
3. Seller Delivers Goods or Services
With funds secured, the seller confidently delivers the product or completes the service. Since the payment is already locked in escrow, the seller knows they will get paid once delivery is confirmed.
4. Buyer Confirms Delivery
The buyer checks the goods or services to ensure they meet the agreed conditions. Once satisfied, the buyer approves the release of funds.
5. Escrow Releases Payment
SDDTIF ESCROW releases the funds to the seller. Both parties walk away protected — the buyer receives what they paid for, and the seller receives payment without delays.
6. Dispute Handling (If Needed)
If there is a disagreement (e.g., damaged goods, late delivery, or incomplete services), the funds remain in escrow until the issue is resolved fairly under our Dispute Resolution Policy.
Why Use Escrow?
🔒 Secure Payments – No one loses money unfairly.
⚖️ Fair Transactions – Both sides are protected equally.
🌍 Global Trade Friendly – Escrow builds trust across borders.
⏱️ Simple Process – Easy steps for safe business deals.
✅ With SDDTIF ESCROW, using escrow is simple: Agree → Deposit → Deliver → Confirm → Release. It’s the smartest way to ensure safe and reliable payments in today’s business world.