How Does MBT Auto LLC Escrow Work?
Escrow Services
ESCROW TRANSACTIONS!
Escrows are very useful in the case of a transaction where a large amount money is involved and a certain number of obligations need to be fulfilled before the funds to be released to the Seller.
An escrow account is an account designed to hold funds temporarily in safekeeping. For example: the escrow account does not favor the seller or purchaser — they just follow the rules that purchasers and sellers agree to. Escrow accounts can help to facilitate almost any kind of transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company.
The process of using MBT Auto LLC escrow service for your car, motorcycle, boat, RV or heavy equipment purchase couldn’t be simpler. Once the purchaser has chosen the item that they want to buy they will contact MBT Auto LLC to have the terms of the sale written up. These terms include, but are not limited to, the cost of the item and a period in which the purchaser can let the seller know if they are unhappy with any aspects of the item, this is an extra guarantee to the purchaser, provided by MBT Auto LLC, that if the item has any previously undisclosed faults, they will be within their rights to dispute the transaction.
- Transparent Pricing
- Real Time Tracking
- Warehouse Storage
- 24/7 Hours Support
- Security For Cargo
- Environmental Sensitivity
- Professional and Qualified
- Fast & Efficient Delivery
- Easy Payment Methods
- Personalised solutions
Get The MBT Auto LLC ADVANTAGE
We ensure your transactions are safely carried out and secured without the risk of either party losing money or valuable cargo by keeping payment secured and releasing cargoes only when all the terms of an agreement are met.
We provide protection to both buyer and seller, facilitating secure transactions and enabling buyers and sellers to trade confidently.
Document Preparation : The following forms, for instance, are standard and used frequently in our transactions :
- Invoice
- Escrow Agreement
- Bill of Landing
Having a knowledgeable Escrow Officer who gives good customer service will make a huge difference.
PROTECTION & REFUND
To protect you against the risk of liability, MBT Auto LLC holds the purchaser’s funds pursuant to the terms of the MBT Auto LLC Purchase Protection Program Policy, and any other agreement entered MBT Auto LLC and its customers. When payment is received, it will be verified and secured into a non-interest-bearing trust account. After payment is secured, MBT Auto LLC ships the item to the purchaser.
When you make a transaction using MBT Auto LLC, your funds are held in secured, non interest bearing trust account until the transaction is completed. This ensures that your transaction is protected against chargebacks, fraud or wrongly described goods.
PROFESSIONAL ESCROW OFFICERS
Our licensed and regulated services are also backed by our experienced and knowledgeable escrow officers. Our friendly escrow professionals are available to assist you personally with any need that may arise. That being the reason, that our Bank accounts are handled by our Escrow officers.
WHY SHOULD WE PAY ONLINE?
With dozens of other payment options available such as checks, drafts, money orders, and electronic bank transfers, one may wonder why so many people use this new method of payment. Indeed, the older payment methods are tried, tested, and a lot more comfortable for some people. However, online payment offers exclusive advantages that other payment options don’t.
Online payment eliminates clutter by, in some cases, eliminating the need for paper bills that require filing. It makes organizing and keeping track of payments easier and more convenient. Finally, if using online payments, many banks will provide graphs and information that help you track your spending and keep your budget on task.
There are many types of transactions that can be made online, everything from paying your phone bill to purchasing small gifts for family members. For larger transactions, though, you may want to seek the services of an escrow company. By putting your money into an escrow account, you can protect yourself from fraud.
When paying online, you can easily buy an item, basically anywhere in the world, much faster than the check-and-stamp method. Automated payments also mean that there are no delays or late penalties. Contrary to popular belief, it is much safer to conduct your transaction online as everything is documented, and there are no sensitive details on paper.
Advantages of using MBT Auto LLC
MBT Auto LLC ensures that the buyer and the seller are protected equally and their disputes dealt with the utmost concern. MBT Auto LLC verifies the funds sent by the buyer and keeps them in our secure trust escrow account for the seller. We ship the item only after the buyer has made complete payment to MBT Auto LLC. MBT Auto LLC ships and tracks your merchandise to make sure that it is delivered in time according to the conditions mentioned in the agreement. The seller is not paid until the buyer accepts the merchandise and has the chance to fully inspect it. After the buyer inspects and accepts the merchandise, the funds will be moved from our escrow account to the seller’s account.
There is no scope for uncertainty or worries as the entire transaction is conducted under the supervision of MBT Auto LLC honest and diligent professionals. With MBT Auto LLC reliable brand shielding your transaction, you can rest assured that your funds are in safe hands, free from fraud. The sale is highly simplified as you, the buyer, just pay off your price and let MBT Auto LLC handle everything else, be it shipping, delivery or quality inspection. MBT Auto LLC sliding revenue scale ensures that large transactions don’t mean huge chargebacks and fees.