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How Does Xcrow work?
Provide transaction details and send an Xcrow payment request to your vendor
Counterparty to create a Xcrow account and accept Xcrow payment request
Buyer to transfer the invoice amount, Xcrow will safeguard the funds until the service is delivered
Vendor to provide proof of service delivery
Xcrow will check the documents against agreement
Once documents are verified, payment will be released and vendor will receive funds within 48 hours
Regulated payments partner:
Your money is securely handled by an institution licensed and regulated by the Monetary Authority of Singapore (MAS).
Safeguarded with Authorized Banks:
In accordance with MAS regulatory requirements, all customer funds are safeguarded with an authorized bank in Singapore.
Segregated Customer Funds:
All customer funds, at all times, are segregated from our own corporate funds which we use to run our own business.
Provide Document Proof: Vendor to provide proof of service delivery
Xcrow Verifies Documents: Xcrow will check the documents against agreement
Payment Release: Once documents are verified, payment will be released and vendor will receive funds within 48 hours
Percentage of transfers that have successfully been completed.
