How it works

You can invite your trading partner to a safe transaction in Counos Escrow. Give explanations about the type of service you provide and the kind of product you deliver. Make an agreement about the payment terms. The buyer will deposit the amount of transaction to a safe account simultaneously controlled by the buyer, seller, and escrow. In case the transaction is done with both parties’ agreement and satisfaction, the aimed amount will be deposited to the seller’s account after seller’s (provider’s) request and the buyer’s confirmation without escrow intervention. Escrow will receive a commission. In case of any disagreement between buyer and seller, escrow will resolve it. The contract terms will be specified considering received claims, investigating the relationships between two parties, as well as the documents recorded in the system and after examining the parties’ explanations.