Escrow
Play it Safe, Play it Smart
Minimize the risk of doing business online and over the phone with companies and individuals you have never met.
How it Works
Both the buyer and seller must agree to use ICS Escrow, which essentially adds a third party - ICS Escrow - to the contract.
The ICS Escrow Agreement must be printed out and signed by the Buyer, the Seller and ICS Escrow. Faxed copies are acceptable and legally binding. ICS Escrow keeps the signed agreement on file.
Once all parties have signed:
- The Buyer sends payment to ICS Escrow via wire transfer.
- Money in-hand, ICS Escrow alerts the Seller to ship the parts.
- The Buyer inspects the parts and notifies ICS Escrow of rejected parts within the agreed inspection period.
- ICS Escrow pays the Seller via wire transfer.
Security at the Right Price
You will not find a more affordable and trustworthy escrow service.