Escrow.com reducing wire transfer disbursement fees

Escrow.com announced that it is reducing wire transfer disbursement fees to both domestic (US) and international customers.

Earlier this year Escrow.com announced that ACH disbursements from Escrow.com would no longer incur a $10 setup fee and instead be free of charge. Today there is a further reduction to the disbursement fees, as Escrow.com are halving the cost of both domestic (US) ($10 from $20) and international wire transfers ($20 from $40).

The following disbursement options and fees are now available:

ACH FREE
Domestic (US) Wire Transfer $10
International Wire Transfer $20

Escrow will soon be implementing a new policy to get photo ID, and proof of address from every registered buyer/seller for all transactions. Some customers have already been asked to upload these documents so that payments can be disbursed.

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About Konstantinos Zournas

Konstantinos studied Computer Engineering and Computer Science in London and lives in Athens, Greece. He loves domains and building websites. He is online since 1995, learned about html in 1996 and got into domains in 2002. He started the OnlineDomain.com blog in 2012.

10 comments

  1. ugh, i rather pay the higher fees than have to upload photo id…

  2. I’ve no problem with that, Escrow.com is a highly reputable domain escrow service I’ve used since 2002. I would never to the same with some Chinese escrow, however.

  3. It’s interesting they are doing this. I think it’s to take away the spotlight on how bad the service has become.

    Escrow.com reduction in fees really don’t matter because the service has gone to hell with the new owners. Nothing can make up for that. They don’t answer emails quite often. It’s not that they answer late, it’s that they never even reply. There are less knowledgeable employees there compared to the past because they fired a lot of long-time employees. They say they’ll follow up when on the phone with them when there is an issue but then you never hear anything back.

    That’s been my experience. The old, good Escrow.com is dead. Time to try a new service.

  4. i have asked thiis question many times before,does escrow use paypal for sending funds TO international sellers?

  5. 4.cn is now asking for photo ID before they send funds.

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