How can I create my own escrow account?
Upon completion of a trading subscription to Kaffea-X, an escrow account will be automatically initiated on your behalf using the registering email address and an email prompt will be sent with further instructions to complete escrow verification.
Traders only need to have a verified escrow account if they wish to settle transactions through this third party settlement service.
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How can I settle via escrow?
Upon completion of a trading subscription to Kaffea-X, an escrow account will be automatically initiated on your behalf using the registering email address and an email prompt will be sent with further instructions to complete escrow verification. ...
How will I receive the settlement amount for coffee sold on Kaffea-X platform?
Upon completion of a trading subscription to Kaffea-X, an escrow account will be automatically initiated on your behalf using the registering email address and an email prompt will be sent with further instructions to complete escrow verification. ...
Are there any additional transaction fees?
All transactions on the Kaffea-X platform is subject to a 1% commission payable by the seller. Trades that are settled via the third-party settlement agent escrow.com additional transaction and payment processing fees may apply to both parties, the ...
Who holds the funds after execution?
For transactions settled via escrow, funds are held securely in the settlement agent, escrow.com until all delivery and payment conditions are fulfilled. For transaction settled via direct payment or letter of credit, all funding arrangements are ...
What if the buyer doesn't deposit funds in time?
After both parties have signed the contract, the buyer must deposit the funds to the seller immediately. For transactions settled via escrow.com the funds must be deposited within two (2) business days. Failure to pay in a timely manner may result in ...