How can I trust HarbourYard Verified Escrow?
ABOUT HARBOURYARD
25/01/2016
We perform the transaction manually with legal contracts formed under US jurisdiction between HarbourYard LLC, the buyer, the seller.
Banking information is exchanged off the site as per banking instructions.
Your paperwork will only be seen by HarbourYard, legal counsel of both buyer and seller, plus the bank. Final drafts of documents are sent electronically signed and delivered.
No financial information is ever shared over the site. Financial communication takes place through other avenues of encrypted communication as required by the banking system.
This site depends on satisfied customers and transactions as a source of income.
We don't believe in the fully automated process due to large amounts involved.
We offer greater flexibility with relation to a letter of credit. That means should something not be exactly as planned there can be a commercial solution whereas in the classic banking transaction there can only be litigation and paperwork.
Commercial solutions are quick, flexible and economical, our rates are curved to provide an advantage over a letter of credit in the form of lower service fees.
We take equal sides with buyers and sellers, the buyer cannot request a casual return and the seller cannot sell something which was not agreed or inadequate. Should something arise that is a 'deal breaker' the transportation weighs on the side that was in breach.