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FORTESCROW  Click here to go directly to www.Fortescrow.net business area. COMDAQ CORPORATE Click here to go to www.Comdaq.com |
Welcome to the Fortescrow Home Page.
Find information here on who we are, what we do, and where we are. Also, study our training content, white papers, and press history. Contact us through one of the methods supplied for further information or assistance. Please register with us to obtain privileged access.
You want to import or export without taking financial risks? Fortescrow Services can help!
Fortescrow Services operates an international escrow service. We financially secure your cross-border trading.
How?
1. You buy or sell a product and you have agreed the price and other conditions such as time of delivery. You have also agreed to use Fortescrow Services to secure payment or payment release.
2. The buyer then pays the agreed price into the escrow account of fortescrow.
3. Fortescrow Services advises the supplier that the agreed amount is in escrow.
4. At the moment the supplier meets his obligation, and buyer accepts, the buyer will provide a pre-agreed irrevocable payment instruction to Fortescrow Services.
5. Immediately after Fortescrow Services receives the agreed instruction, the escrowed amount will be transferred to seller.
Current users of Fortescrow Services are:
members of the Comdaq trading exchange who require a more immediate and secure means of trade to replace their use of a letter of credit.
Fortescrow services is 100% owned by Comdaq Limited, but with an independent governance and a constitution that encourages trade support participation to audit and countersign all transactions.
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