Follow

How does AirTM’s "Escrow" feature work?

The AirTM "Escrow" makes transactions between Clients and Cashiers safe, traceable, and transparent.

When an AirTM Client’s deposit request is accepted by a Cashier, we debit USD from the Cashier’s AirTM account and hold it in the Client’s name. When the AirTM Cashier receives the Client’s local currency transfer, we release the USD to the Client’s AirTM account. We won’t release the money until the Cashier confirms that he or she has received the local currency transfer.

The AirTM Escrow works the same way for withdrawals:

When an AirTM Client’s withdrawal request is accepted by a Cashier, we debit USD from the Client’s AirTM account and hold it in the Cashier’s name. When the AirTM Client receives the Cashier’s transfer of local currency, we release the USD to the Cashier. We won’t release the USD until the Client confirms that he or she has received the local currency transfer.

0 Comments

Article is closed for comments.