Best escrow services

Does anyone use escrow services regularly or had any good/bad experiences with any in particular?

I've been looking at Escrow-Europa at http://www.escrow-europa.com/ but not sure if I should be trusting them.

Someone who has used them before would be great....assuming of course that their experience is positive.

AP
Interested in property investment, web tech, social media, forex, equities. Also a proud father & entrepreneur of sorts.

Comments

  • MickKnipfler
    MickKnipfler Posts: 1,983 Forumite
    I don't know much about them but was advised to be cautious as many Escrow type sites are scams....
  • Milky_Mocha
    Milky_Mocha Posts: 1,066 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    This is an old(ish) post but I thought its worth responding to anyway. Escrow services are good and if more people used them there would be fewer scams. One thing to watch out for is that there are more fake ones than legit so its worth finding out which ones are reliable and sticking with them.

    Another thing to look out for is that as a buyer you should not go with an escrow site recommended by the seller unless you now that seller well enough to trust his/her recommendation.

    To be safe, use www.escrow.com. They are recommended by ebay. www.moneybookers.com is also good and in fact probably charge the lowest escrow fees (only 1%). However they are not v convenient for one-off transactions because they require both buyer and seller to set up moneybookers accounts and to also verify their accounts, a process which takes up to 5 days or so. After that they are fine.
    The reason people don't move right down inside the carriage is that there's nothing to hold onto when you're in the middle.
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