Escrow partner of DutyFreeDeal
Pay with confidence.Get paid securely.
DutyFreeBank holds a buyer’s payment in escrow and releases it to the seller once the agreed terms are met. On DutyFreeDeal, it will secure the payments of professional buyers.
How escrow works
A neutral third party between buyer and seller.
Neither side has to trust the other blindly: the money waits with DutyFreeBank until the deal is done.
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Agreement
Buyer and seller agree on the product, the price and the delivery.
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Deposit
The buyer pays into escrow. The seller knows the money is there.
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Delivery
The seller ships. The buyer receives the goods and checks them.
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Release
Once the agreed terms are met, DutyFreeBank pays the seller.
Role in DutyFreeDeal
The payment safeguard of business orders.
DutyFreeDeal is a global marketplace where verified manufacturers, wholesalers and official distributors sell new products. It opens to consumers first. When professional buyers join, after launch, their payments will go through DutyFreeBank’s escrow before reaching the vendor.
For vendors
Ship a business order knowing the buyer’s payment is already secured, wherever that buyer is.
For professional buyers
Order from a vendor in another country: the money reaches the vendor only once the agreed terms are met.
For the marketplace
Trade between businesses in different countries rests on trust. Escrow protects both sides, on every order.
Contact
Vendors and investors, talk to us.
Tell us who you are. We will get back to you personally.
Or use the form. It reaches the same team.