Fortis Escrow Services
| About us | 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 Fortis Escrow Services to secure payment or payment release. 2. The buyer then pays the purchase price into the escrow account of Fortis Escrow Services. 3. Fortis Escrow 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 through the seller a pre-agreed irrevocable payment instruction to Fortis Escrow Services. 5. Immediately after Fortis Escrow Services receives the agreed instruction, the escrowed amount will be transferred to seller. Current users of Fortis Escrow Services are: Carimporters and exporters, law- and accountancy firms, mainframe computer exporters, traders in heavy equipment, leasecompanies, individuals buying capital goods such as luxury cars, ships, planes and helicopters. Fortis Escrow Services is a 100% subsidiary of Fortis Bank and part of the Fortis Group, an international financial services provider with 67.000 employees. |
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| Industry Focus | Auction, Commercial Service |
| Business Type | Agent |
| Products/Services | Tailor Made Escrow, Escrow Online |
| Our Markets | Worldwide |
| No. of Employees | 11 - 50 People |
| Year Established | 2000 |
