You want to be entirely sure that you will be paid for your services?
You want payment in advance, but your client wants a counter guarantee?
Your credit insurance limit is insufficient to cover the risk of non-payment?
Your client can only pay you once they have been paid?

Fortis Escrow is your “trusted third party”, ensuring a problem-free transaction between buyer and seller thanks to an effective procedure.

Certainty
The principle behind the Escrow contract is as follows:

• the buyer pays in advance into an Escrow account at Fortis Escrow,
• the buyer then checks the goods to be delivered, or has them checked,
• Fortis Escrow pays the seller once they have received consent from the buyer

This means that the seller can be certain the buyer will fulfil their payment obligations. And the buyer can be certain that the goods are inspected before the purchase price is released.

Interesting alternatives
One alternative is for the supplier to arrange with their client for the end customer to make payment into a Fortis Escrow account. Once the funds have been received, Fortis Escrow then divides the amount and pays the supplier and their client from the Escrow account.

This becomes even more advantageous if the escrow agreement is combined with other Fortis products, such as vendor leasing.

You will find further details of these possibilities under 'Escrow & vendor leasing'.

For customised advice, please contact one of our Business Centres.