The definitive guide to secure transacting.
From the drafting table to the final wire transfer, discover the rigorous process Trustia employs to eliminate counterparty risk.
The Process
How Escrow Works
A frictionless, legally-binding flow designed to eliminate counterparty risk from your high-value transactions.
1. Agreement
Buyer and Seller agree to terms. The Trustia escrow agreement is seamlessly established detailing the conditions of release.
2. Secure Custody
The Buyer transfers funds to our globally compliant, securely governed trust accounts. The Seller is notified.
3. Verification
The underlying transaction executes. Both parties verify and submit proof of compliance.
4. Disbursement
Upon rigorous confirmation by Trustia officers, the funds are swiftly and irreversibly released to the Seller.
In-Depth Process Breakdown
Initiating the Escrow Agreement
Once buyer and seller agree on the core terms of the transaction, our escrow officers step in to draft or review the escrow agreement. We establish the conditions under which funds will be held and precisely what constitutes a successful transaction.
- Fully transparent tracking
- Dedicated oversight officer
Funding & Secure Custody
The buyer wires the agreed funds to Trustia's legally fortified trust accounts. These funds are held in state-of-the-art banking institutions and are entirely isolated from our operational capital.
- Fully transparent tracking
- Dedicated oversight officer
Transaction Execution & Milestone Verification
With funds securely held, the seller is greenlit to execute the transaction. Both parties submit proof of execution to Trustia.
- Fully transparent tracking
- Dedicated oversight officer
Auditing & Approval
Trustia officers meticulously review the submitted documentation against the initial escrow agreement. If required, we consult with our legal partners, JLC Abogados.
- Fully transparent tracking
- Dedicated oversight officer
Irreversible Disbursement
Upon 100% verification, Trustia releases the funds to the seller. The transaction concludes with zero counterparty risk.
- Fully transparent tracking
- Dedicated oversight officer