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Before starting your transaction:
The buyer and seller need to decide upon who will pay
the escrow fees. The buyer will need to decide on a
payment option and how and where the equipment is to be
shipped and the seller will need to determine how they
want to receive the funds.
1) The Buyer and Seller Agree to the Terms:
Both parties agree to the terms of the transaction. A
Sales and Purchase Agreement is filled out and signed by
both the Buyer and The Seller.
2) The Buyer Pays NPV Escrow Services:
The Buyer makes a payment to NPV Escrow Services, Inc.
and NPV Escrow Services, Inc. verifies that the funds
have cleared and are good. Depending upon the form of
payment the processing time can vary.
3) The Seller Ships Equipment:
Seller is not authorized to ship until cleared funds are
received into the Escrow Account. Seller submits
tracking information to NPV Escrow Services, Inc.
4) The Buyer Accepts the Equipment:
According to the Sales and Purchase Agreement the Buyer
has an inspection period and the option to accept or
reject the merchandise.
5) The Seller is Paid:
Once all of the terms of the transaction have been
completed and verified, NPV Escrow Services, Inc. will
pay you the same or next business day. If your Sales and
Purchase Agreement states that the Seller is to pay the
escrow fees the fees will be deducted automatically from
the purchase price.
Disbursements of funds:
Check regular mail no fee
Check Overnight or Wire Transfer Domestically $25.00
Check Overnight Internationally $30.00
Wire Transfer Internationally $40.00
Buyers Payment Options:
Wire Transfer
Wire Transfer Instructions:
Wachovia Bank
1305 Sam Rittenberg Blvd.
Charleston SC 29407
ABA Routing #: 053207766
Credit Account Name: NPV Escrow Services Inc.
Credit Account #: 2000020041319
Instructions: Please include transaction and escrow
number which will be given to you when you open an
account.
Credit Card:
For US residents only! We will accept payment up to
$5,000.00 by Visa, MasterCard, American Express or Pay
Pal.
(Please see form that needs to be filled out prior to
payment)
NPV Escrow Services, Inc. reserves the right to decline
the use of credit card payment.
Our web site offers
secured on line payments.
Checks:
We only accept checks drawn on a US bank payable to NPV
Escrow Services, Inc. (subject to a 10 day bank hold) We
do not accept Cashiers Checks or Money Orders. |