| Escrow services
Secured a sale with a large company for mid XXX. They are insisting on sending only half fee before I tranfer, with rest of fee on completion. I've never worked this way round before so I suggested using an escrow service (with assumption they would pay the fees).
They went ahead and sent money to escrow.com (in dollars). My understanding is that I would receive a US dollar cheque unless I pay a siginifcant fee for a wire transfer. Then I would lost out on exchange rate fees plus paying in a foreign check. I've emailed back to say I'm not doing this.
I have now suggested using sedo as an intermediary with them paying the commission, or paypal where buyers seem to be heavily protected. Any other ideas? Anybody ever used escrow.com?
Thanks
Stephen.
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