How does Escrow work?
By following this process, BXL LOGISTICS CO aims to complete transactions safely and securely, providing a trusted third-party platform for buyers and sellers to conduct their business with reduced risk of fraud.
Agreement on Terms
The buyer and seller agree to transaction terms, initiating the process with BXL LOGISTICS CO
Buyer Payment
The buyer submits payment to BXL LOGISTICS CO through an approved payment method. Upon payment verification, BXL LOGISTICS CO notifies the seller that funds are secured in escrow.
Shipment by BXL LOGISTICS CO
After payment verification, BXL LOGISTICS CO ships the merchandise to the buyer and provides tracking information.
Buyer Inspection
The buyer has a specified period to inspect the merchandise and can either accept or reject it. If the buyer accepts the merchandise, the process continues.
Payment to Seller
BXL LOGISTICS CO releases funds from the escrow account to the seller once the buyer accepts the merchandise.
Buyer Rejection
If the buyer rejects the merchandise, they are refunded in full within 24 hours, and the return shipping is free of charge.
Escrow Accounts
When engaging in a transaction through BXL LOGISTICS CO, your funds are safeguarded within a secure, non-interest-bearing trust account until the completion of the transaction. This guarantees the protection of your transaction against chargebacks, fraud, or inaccurately described goods.
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