1. Legal authority to get into the contract : By signing up for Escrow Bank services , you
certify and acknowledge that you (As individual/company) have the legal authority and, are
of a legal age to initiate a contract with Escrow Bank & any 3rd parties as needed.
2. Escrow Bank shall not be liable for any direct/indirect or consequential loss or damage, or
special, punitive or exemplary damages, or, loss of profits, business, revenue, goodwill or
anticipated savings to the Parties due to any dealings done via www.escrowvox.com . You
indemnify us from any potential loss due to fraud/stolen sale or providing of fake/fraud
identification by other party. Escrow Bank shall also not be liable for any liability, losses,
damages, costs, expenses, (including legal fees, court fees and professional fees), suits
and claims that are finally judicially determined to have resulted primarily from the
negligence or infringing action of any of the parties or any other person.
3. Incase we find that you've provided fraudulent/inaccurate information; we will have the
right to Terminate/Cancel the deal or transaction between the parties.
4. Escrow Bank reserves the right to provide its services at its own discretion. This
discretion however does not absolve our liability within the scope of our terms towards any
existing transactions on our system.
5. For security of transactions on Escrow Bank and to safeguard commercial interests of
both sides, Escrow Bank may seek verification from both parties to determine that the
party(s) involved in the same are genuine and that our services are not being used for
Money Laundering. We do however assure of non-disclosure of any such identification
provided to us to any 3rd party unless required by the court of law.
6. Once the deal is confirmed between the parties through Escrow Bank, we will have a
right to take the fee from the parties as per the schedule laid down in Transaction terms.
Incase there is a cancellation of any transaction, Escrow Bank will have right to deduct its
fees should it be determined that the transaction has been cancelled due to negligence or
un-professionalism on part of either of the parties.
7. While we exhaustively verify each transaction before approving, it is no guarantee for any
fraudulent activity in the same in future. Should the same be discovered during the course
of transaction, Escrow Bank will have a right to cancel the transaction and recover any paid
money. Our liability on such transactions is limited to our fees which would be refunded
automatically by the system upon cancellation of the transaction.
8. While Escrow Bank will try its best to mediate in case of any disputes in transactions; the
final decision of Escrow Bank will be binding upon all the parties.
9. Escrow Bank will not be bound by a time constraint to complete the transactions as it
may require completion of several internal procedures and formalities for verification of the
deposits and payments to be done.
10. Any type of Tax which will be applicable under the applicable laws will be borne by the
individual parties for themselves. If Escrow Bank determines that any transaction has a tax
liability which may have consequential effects on our entity, we would have the right to ask
for settlement of such tax liabilities before the transaction is completed and payment
released.
