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Automated Escrow

What is

Automated Escrow


Automated Escrow Defintion

Escrow is where a neutral third party holds funds until conditions of a transaction are met, only releasing these funds when both buyer and seller have fulfilled their respective terms. Automated escrow streamlines this process by using software to automatically execute a series of predetermined steps to manage the payment and fulfilment of a transaction, i.e. the holding and release of funds being held in escrow.

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