PPRuNe Forums - Escrow Accounts?

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Master Yoda

4th March 2004 22:19

Escrow Accounts?

ESCROW ACCOUNTS

How/Where do you get one?
Do they cost anything?

For all who don't know what I'm going on about they are an account where your FTO takes their fees from and it is the safest way of paying (so I've heard).

More details would be helpful as the Search Fucntion was down when I typed this.

Ta

Sally Cinnamon

4th March 2004 22:37

Never had the need for one but escrow.com and tradesecure.com are both reputable.

Far simpler to just pay with a credit card and dispute any unauthorised pyment with the card issuer I would have thought.

tom24

4th March 2004 23:24

See your bankers. They should be able to set an Escrow up. You and the school will have an equal control and before they withdraw you must authorise.

Cinnamon. One of those days??:rolleyes:

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