Escrow Services Providers and Credentials



Over $3 billion of transactions protected with Escrow.com. Escrow.com is the world’s most secure payment method from a counter party risk perspective-safeguarding both buyer and seller,all funds transacted using escrow are kept in trust. Safely buy and sell products and services from $100 to $10 million or more



What is Escrow? How Does Escrow Work?


What is Escrow?


An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given 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.

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 a payment is released like in the case of a website being built where the buyer might want confirmation of the quality of work being done before making a full payment, and the seller doesn’t want to extend a massive amount of work without any assurance that he or she will receive payment. While traditional escrow service is quite difficult and must be obtained through banks and lawyers, Escrow.com provides online escrow services at affordable rates. While the payment is 'In Escrow' the transaction can be safely carried out without risk of losing money or merchandise due to fraud. This eliminates all legal jargon and allows for secure transactions and confident buyers and sellers.


How does Escrow Work?


Escrow.com reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses funds when both Buyers and Sellers are satisfied.

  1. 1. Buyer and Seller agree to terms - Either the Buyer or Seller begins a transaction. After registering at Escrow.com, all parties agree to the terms of the transaction.
  2. 2. Buyer pays Escrow.com - The Buyer submits a payment by approved payment method to our secure Escrow Account, Escrow.com verifies the payment, the Seller is notified that funds have been secured 'In Escrow'.
  3. 3. Seller ships merchandise to Buyer - Upon payment verification, the Seller is authorized to send the merchandise and submit tracking information. Escrow.com verifies that the Buyer receives the merchandise.
  4. 4. Buyer accepts merchandise - The Buyer has a set number of days to inspect the merchandise and the option to accept or reject it. The Buyer accepts the merchandise
  5. 5. Escrow.com pays the Seller - Escrow.com releases funds to the Seller from the Escrow Account.

Transaction is complete - safely and securely!

Escrow.com will facilitate transactions between INRCS and contracting parties. Escrow reduces risk for buyers and sellers by using a trusted third party to hold funds from a buyer until services have been delivered. Sellers can deliver services with confidence, knowing the buyer has paid, and buyers can be assured that the seller won’t be paid until they have received the services.

Online escrow services are provided by Escrow.com, a wholly owned subsidiary of Internet Escrow Services,Inc. is fully licensed as an Internet Escrow Agent by the California Department of Business Oversight (License #9631867), the Arizona Department of Financial Institutions (License #EA-0908016), and the Idaho Department of Finance (License #ESC-1050), and operates in Texas as an authorized delegate conducting money transmission on behalf of Internet Escrow Services,Inc. a licensed money transmitter in Texas. Escrow.com operates in the EU as a licensed e-money payment services provider and a wholly owned subsidiary of Internet Escrow Services,Inc.


Escrow.com is the most trusted, licensed online escrow service in the world Headquartered in California, Escrow.com is licensed, bonded and regularly audited. Government agencies perform regular audits of independently licensed escrow companies. The audit examinations serve to protect public funds, determine safety and soundness of operations and determine compliance with escrow statutes and regulations. The recommended payment system by top eCommerce companies Escrow.com is the recommended payment system of top eCommerce companies including Uniregistry, GoDaddy, ClassicCars.com and AutoTrader Secondary escrow agent services are provided by Armor Escrow Inc., a wholly owned subsidiary of Payoneer Inc. Armor Escrow Inc. is fully licensed as an Internet Escrow Agent by the California Department of Business Oversight (License #96DBO-35661), the Arizona Department of Financial Institutions (License #EA-0938263), and the Idaho Department of Finance (License #ESC-1126), and operates in Texas as an authorized delegate conducting money transmission on behalf of Payoneer Inc., a licensed money transmitter in Texas. Armor Escrow operates in the EU as an agent of Payoneer EU Limited, a licensed e-money payment services provider and a wholly owned subsidiary of Payoneer Inc.


Payoneer Escrow will act as an secondary escrow agent between INRCS and contracting parties when Escrow.com . Escrow reduces risk for buyers and sellers by using a trusted third party to hold funds from a buyer until services have been delivered. Sellers can deliver services with confidence, knowing the buyer has paid, and buyers can be assured that the seller won’t be paid until they have received the services.


INRCS has selected Escrow.com as our primary licensed escrow payments service and Payoneer Escrow is our secondary escrow agent.


Internet Escrow Services, Inc


Internet Escrow Services dba www.escrow.com Link

Internet Escrow Services,Inc dba www.escrow.com awards Link

Internet Escrow Services,Inc Texas Credentials Link

California Department of Business Oversight Online Internet Companies Link


Payoneer Escrow Services


Payonner Escrow Link

Payoneer Awards Link

Payoneer Texas Credentials Link



OFFSHORE ASSETS REORGANIZATION


Pursuant To USC Title 26 And Treasury Regulation Taxpayers Are Legally Required To Exhaust All “Effective And Practical” Remedies (Including Competent Authority Procedures Provided Under Applicable Tax Treaties) To Reduce, Over Time, Its Liability For (Foreign) Tax. As Part Of Offshore Assets Reorganization Pursuant To USC Title 26 Legally Exhaust All Of Your Administrative Remedies Of Your Offshore Assets Utilize Resources Within The Internal Revenue Service’s (IRS’s) For Large Business And International Division Practice Unit. One Of The Favorites Units Of Our Clients Is The Audit Exhaustion Of Remedies Unit And It Can Be Found Here.


Poor Communications Can Be Costly


Poor communications can delay revenue within your company and affect the bottom line an unknown liability lurking in the background of your company performance on a daily basis. Poor communications in the workplace can lead to reduced revenue and one of the main reason revenue for your company may not be pursued correctly which can result in companies not exhausting administrative remedies were revenue can be collected.


Mail Fraud Guide


Understanding The Laws That Protect You and Us. Learn What to Do After Mail or Wire Fraud Been Committed

Follow this link for mail fraud information Link

Follow this link for internet complaint form Link


Elements of mail fraud or wire fraud:


There are three elements to mail and wire fraud: Intent; A "scheme or artifice to defraud" or the obtaining of property by fraud; and, A mail or wire communication. To be fraudulent, a misrepresentation must be material. Mail fraud applies only to United States domestic mailings and use of interstate carriers (UPS, FedEx) which must originate in one state, and successfully terminate pursuant to the address label inside another state, a transportation that is termed "interstate" (over which Congress has power to regulate) and does require that the mailing cross at least one state line into another state; wire fraud has been expanded by Congress to include foreign wire communication or interstate connections via (e.g.) an e-mail server or telephone switch or radio communication. 18 U.S.C. §1341 and 18 U.S.C. §1343 are extremely broad, criminalizing every "scheme to defraud" that "causes" mails to be used at any incidental stage. This has been held by the Supreme Court to encompass "everything designed to defraud by representations as to the past or present, or suggestions and promises as to the future. Lower courts have progressively expanded this ruling, finding that the act "puts its imprimatur on the accepted moral standards and condemns conduct which fails to match the 'reflection of moral uprightness, of fundamental honesty, fair play and right dealing in the general and business life of members of society. As interpreted, these requirements are not difficult to meet, and while the Justice Department claims to defer federal prosecution for petty local fraud, no legal mechanism prevents abuse of this limitation.


NEGOTIATED BONDS


Pursuant To UCC § 3-306 WHICH STATES: CLAIMS TO AN INSTRUMENT. A Person Taking An Instrument, Other Than A Person Having Rights Of A Holder In Due Course, Is Subject To A Claim Of A Property Or Possessory Right In The Instrument Or Its Proceeds, Including A Claim To Rescind A Negotiation And To Recover The Instrument Or Its Proceeds. A Person Having Rights Of A Holder In Due Course Takes Free Of The Claim To The Instrument. The Appropriation Of Funds Is Process Whereby Moneys Are Set Aside For Specific Uses, It Two-Fold.

First, It Involves Determining The Amount Of Revenue Available.


Secondly, It Involves Appropriating Money For The Operations Of The Government (Federal, State Or Local Government) And For Various Uses. Bonding Projects Pursuant To Miller Act Is Codified At 40 U.S.C. § 3131-3134 Requires A General Contractor Contracting With The Federal Government Or A Federal Governmental Entity For A Construction Project With A General Or Prime Contract In Excess Of $100,000 To Obtain Both A Performance Bond And A Payment Bond From A Surety Acceptable.

Please Download Your Form.


  • Bid Bond

  • Annual Performance Bond

  • Performance Bond

  • Payment Bond

  • Mail Fraud Form

SPECIAL-PURPOSE ENTITY/ SPECIAL-PURPOSE VEHICLE/SPV


Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens. SPEs allow tax avoidance strategies unavailable in the home district. Round tipping is one such strategy. In addition, they are commonly used to own a single asset and associated permits and contract rights (such as an apartment building or a power plant), to allow for easier transfer of that asset. They are an integral part of public private partnerships common throughout Europe which rely on a project finance type structure

A special-purpose entity may be owned by one or more other entities and certain jurisdictions may require ownership by certain parties in specific percentages. Often it is important that the SPE is not owned by the entity on whose behalf the SPE is being set up (the sponsor). For example, in the context of a loan securitization, if the SPE securitization vehicle were owned or controlled by the bank whose loans were to be secured, the SPE would be consolidated with the rest of the bank's group for regulatory, accounting, and bankruptcy purposes, which would defeat the point of the securitization. Therefore, many SPEs are set up as ‘orphan companies’ with their shares settled on charitable trust with professional board members provided by an administration company to ensure that there is no connection with the sponsor.

Round-tripping, also known as round-trip transactions or "Lazy Susans", is defined by The Wall Street Journal as a form of barter that involves a company selling "an unused asset to another company, while at the same time agreeing to buy back the same or similar assets at about the same price." Round trips are characteristic of the New Economy companies. They played a crucial part in temporarily inflating the market capitalization of energy trader such as Enron.