Risks And Benefits Of Using Escrow Services In Int'l Trade

Law360, New York (December 3, 2013, 7:46 PM EST) -- In the 2012 edition of its Trade Finance Guide, the U.S. International Trade Administration for the first time discussed escrow service as a variation on cash in advance and a payment method available to U.S. exporters. The ITA’s inclusion of escrow services in the guide and the emergence of companies providing escrow services reflect a concern common to all exporters: the need to find a payment system that provides some level of security at a low price. Just as with bank payment obligations, escrow services are...
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