OTC Brokerage and Escrow Services

An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company.

Escrows are very useful in the case of a transaction where a large amount money is involved and a certain number of obligations need to be fulfilled before a payment is released like in the case of a website being built where the buyer might want confirmation of the quality of work being done before making a full payment, and the seller doesn’t want to extend a massive amount of work without any assurance that he or she will receive payment.

How does Escrow Work?

1. Buyer and Seller agree to terms – Either the Buyer or Seller begins a transaction. After registering at the Escrow, all parties agree to the terms of the transaction.
2. Buyer pays into Escrow – The Buyer submits a payment by approved payment method to our secure Escrow Account, Kruger Financials verifies the payment, the Seller is notified that funds have been secured ‘In Escrow’.
3. Seller ships merchandise to Buyer – Upon payment verification, the Seller is authorised to send the merchandise and submit tracking information. The Escrow verifies that the Buyer receives the merchandise.
4. Buyer accepts merchandise – The Buyer has a set number of days to inspect the merchandise and the option to accept or reject it. The Buyer accepts the merchandise.
5. The Escrow pays the Seller – Funds are released to the Seller from the Escrow Account.

Advantages of Using Kruger Financials

As one of the leading providers of escrow services online, Kruger Financials provides a host of advantages for people who choose to transact with it. Whether it is digital goods, vehicles, antiques, jewelry, art work, or domain names and websites, We ensure that all buyers and sellers are protected equally and their disputes dealt with the utmost concern. Kruger Financials verifies the funds sent by the buyer and keeps them in our secure trust escrow account for the seller. The seller ships the merchandise only after the buyer has made complete payment to The Escrow account. The merchandise is tracked to make sure that it is delivered in time according to the conditions mentioned in the agreement. The seller is not paid until the buyer accepts the merchandise and has the chance to fully inspect it. After the buyer inspects and accepts the merchandise, the funds will be moved from our escrow account to the seller's account.

There is no scope for uncertainty or worries as the entire transaction is conducted under the supervision of our honest and diligent professionals. The sale is highly simplified as you, the buyer, just pay off your price and let we handle everything else, be it shipping, delivery or quality inspection. Kruger Financials’ sliding revenue scale ensures that large transactions don’t mean huge chargebacks and fees.

Using a licensed escrow service to buy and sell merchandise, services, and more is the most convenient way to complete transactions online. Facilitated by a trusted third-party, the escrow process acts as your personal tool to ensure a safe, secure, and intuitive sale for both buyers and sellers.