An escrow service acts as a neutral third party that holds and manages funds or assets during a transaction between two parties (e.g., buyer and seller) until the terms of the agreement are met. The escrow service ensures that these terms are met before releasing the funds to the seller, providing security and confidence to both parties.

The escrow process typically involves the following steps:

• Step 1: The buyer and seller agree on the terms of the transaction and select Credellex as their trusted escrow service provider.
• Step 2: The buyer deposits the agreed-upon funds into the escrow account provided by Credellex.
• Step 3: The seller delivers the goods or services as per the agreement.
• Step 4: The buyer inspects the goods or services and confirms satisfaction.
• Step 5: Once all terms are met, Credellex releases the funds to the seller.

Using Credellex provides several benefits, including:

• Security: Funds are held securely until all transaction terms are met, reducing the risk of fraud.
• Trust: Credellex creates a safe, trusted environment for both buyers and sellers.
• Dispute Resolution: Credellex helps resolve disputes between parties, ensuring a smooth transaction process.

Yes, your money is safe with Credellex. Payments are processed and held by licensed processors and deposit institutions, ensuring your money is protected from unauthorized access or misuse.

Credellex can be used for a wide range of transactions, including:

• Online sales of goods and services
• Real estate purchases
• Intellectual property transactions
• Vehicle sales
• High-value item sales (e.g., art, collectables) etc.

If you're unsure whether your transaction qualifies, contact us, and we'll be happy to assist you.

If a dispute arises during the escrow process, our team of professionals will work with both parties to facilitate a resolution. We act as a neutral third party, ensuring a fair outcome based on the terms of the transaction. If necessary, we may hold the funds in escrow until the dispute is resolved or escalate the matter for further review.