What is domain/domain escrow?

Escrow is a service provided by a third party or institution that holds the assets of the transaction in a secure environment until the transaction between the parties is finalized. In the escrow system, financial assets are held in a secure environment until the paying party receives the goods or services requested. The funds or financial assets are under the custody of the escrow service provider throughout the transaction.

Domain escrow is a process in which a neutral third-party holds onto a domain name during a transaction, such as a sale, to ensure that both the buyer and seller fulfill their agreed upon obligations. The escrow service acts as a safeguard for both parties, holding the domain name until the buyer confirms receipt of the domain and the seller confirms receipt of payment. This process helps to prevent fraud and protect both parties in the transaction. Additionally, domain escrow services may also provide additional security features such as domain name appraisals, fraud screening, and dispute resolution.

When a product or service is purchased from a seller, the money that will reach the seller until the product is properly delivered to the buyer or the service is performed is stored in escrow. When the receipt of the product is confirmed by the buyer, the seller receives payment.

This service, which is widely practiced in many countries around the world, is extremely reliable. The process is controlled and monitored to ensure that the parties fulfill their obligations and commitments. Unless the parties agree on these issues, no one can access the funds.

It is essential that the institution or person to whom the escrow agreement will be issued is reliable. The person or institution offering the escrow service should be a name that gives confidence to both the buyer and the seller. Since our institution has been operating in this field for a very long time and is an internationally recognized institution, it is a highly competent, reliable and recognized institution in this field.