Digital escrows are often the key point of agreement between contracting parties - here is our SME Digital Vault
Letters of credit have been used for hundreds of years to support traders when dealing with new customers or government regulated currencies or to simply agree terms of payment but unfortunately they take time to set up and can be difficult for a new importer or exporter to navigate.
The great news is we have an alternative in our SME Digital Vault. The financial structure involved should be familiar to anyone who’s bought or sold a house! Generically, it’s called an escrow and it can greatly simplify the process.
Please note that this service is for subscribers only, if you would like to sign up find out more here