Escrow without the escrow agent. A contract holds the buyer’s money and pays the seller when the title moves.
No escrow agent. No chain of banks. No paper by courier.
The money is there before the goods ship.
It moves only against a checked bill of lading.
The money waits in a contract, not in anyone’s account.
Every agent and bank adds a fee, a delay and one more party to trust.
Both sides trust a third party with the whole deal.
The agent charges for holding the money, paid by one side or split between the two.
Issuing, advising and confirming banks each take a fee.
Each bank may take five banking days to check the documents.
Source: ICC, UCP 600, article 14(b)What moving off paper bills of lading could save.
Source: DCSA, 2023, citing McKinseyCross-border payments are still slow, costly and opaque.
A contract both sides can see holds the funds.
No cut-off times. No five-day float.
One electronic original with one holder.
The money moves minutes after the title does.
Thirty minutes with the team, walking one deal from creation to local-currency settlement on your own corridor.
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