Solutions

Escrow settlement

Escrow without the escrow agent. A contract holds the buyer’s money and pays the seller when the title moves.

One contract,
no middlemen.

No escrow agent. No chain of banks. No paper by courier.

  1. 01

    For the exporter

    The money is there before the goods ship.

  2. 02

    For the importer

    It moves only against a checked bill of lading.

  3. 03

    For both

    The money waits in a contract, not in anyone’s account.

Escrow compared

The old way runs on middlemen.

Every agent and bank adds a fee, a delay and one more party to trust.

Legacy escrow
  1. An agent holds the money

    Both sides trust a third party with the whole deal.

  2. A fee for holding it

    The agent charges for holding the money, paid by one side or split between the two.

  3. A chain of banks

    Issuing, advising and confirming banks each take a fee.

  4. Days at every bank

    Each bank may take five banking days to check the documents.

    Source: ICC, UCP 600, article 14(b)
    5 daysper bank
  5. Paper by courier

    What moving off paper bills of lading could save.

    Source: DCSA, 2023, citing McKinsey
    $6.5bnin direct costs
  6. Slow and costly

    Cross-border payments are still slow, costly and opaque.

Celeris escrow
  • No agent

    A contract both sides can see holds the funds.

  • No bank chain

    No cut-off times. No five-day float.

  • No courier

    One electronic original with one holder.

  • Paid in minutes

    The money moves minutes after the title does.

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See a deal settle.

Thirty minutes with the team, walking one deal from creation to local-currency settlement on your own corridor.

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