Who covers return costs if a buyer is unsatisfied?
After the contract is confirmed on the Kaffea-X platform and relevant contracts are signed in the event of subsequent settlement exceptions, parties may initiate dispute or arbitration proceedings under the terms of the applicable GCA or ECFA.
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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 ...
How soon after contract signature is the transaction funded?
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 ...
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 ...
How can I pay for a transaction in Kaffea-X?
As part of the contract execution, buyers and sellers mutually agree to the applicable mode of payment for any transaction on Kaffea-X. At the time of listing a coffee, sellers can indicate all acceptable modes of payment: 1. Direct Payment 2. Letter ...
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 ...