Online escrow is a five-step process. It protects the Seller by verifying funds and protects the Buyer by allowing inspection of the merchandise before funds are disbursed.
The services offered through Sensational Transport support most online transactions. It’s ideal for exchanging higher-end items (above $500 in value) that merit the security and peace of mind that Sensational Transport delivers. Typically, our customers use our service when the Buyer and Seller are unknown to each other, for purchases made on auction sites, classified ad sites, business-to-business e-commerce sites, and online merchants.
No. Sensational Transport is a neutral third-party that protects both the Buyer and Seller to ensure the transaction is processed. We have no knowledge about what is actually being sold. In most cases, Sensational Transport has a very limited relationship with either party. If the Buyer has any questions, they should contact the Seller directly.
The Inspection Period is the specified amount of time agreed upon by both parties in which the Buyer may examine the merchandise after receipt. The time frame selected for the Buyer can range between 1 to 30 days and must be agreed upon by all parties at the beginning of the transaction. The Inspection Period begins when the Buyer receives the item. The Buyer must accept or reject the goods within this period. Buyers and Sellers should make sure the inspection period provides adequate time for any authentication and/or appraisal process that may be necessary to complete the transaction.
As specified in the escrow terms, if the Buyer rejects the merchandise, the Seller is required to pay for return shipping fees.
Your payment has to be sent only after calling Sensational Transport to request the payment instructions.
Wire Transfers and checks sent by express delivery within the U.S. are received within one business day. Wire Transfers sent internationally can take three to five business days to be received. Checks sent express delivery internationally are received within two business days. ACH disbursements are completed within three business days. Checks sent by the USPS are dependent on where the check is sent (domestic versus international). When a Buyer uses a credit card or PayPal for payment, there is a three business day hold before funds reach our trust account and can be sent to the Seller. This is ...
Arrangements can be made to accept funds from financing institutions. Please verify with the financing institution whether payment can be made to a third party such as Sensational Transport before beginning the transaction.
In the event of a cancelled transaction, the Buyer’s funds will be refunded back to the original source of the payment method used to pay Sensational Transport.
As specified in the escrow terms, if the Buyer rejects the merchandise, the Seller is required to pay for return shipping fees.
Yes. We can keep merchandise in storage for transactions made through our escrow service.