Vector Escrow Services
UNIQUELY DESIGNED FOR YOUR BUSINESS NEEDS
VES is an internet escrow agent that works primarily with large-scale agricultural business escrows. We do not work with small-scale, personal escrows. Our minimum transaction is $50,000.
Our simple, secure internet escrow for hemp and other agricultural transactions gives both buyers and sellers peace of mind throughout a clear and predictable process.
Vector Escrow Services is one of only 4 California licensed internet escrow agents that can complete escrow transactions entirely online. Our process is designed to ensure that our customers experience a worry-free transaction from agreement to close.
The 4-step Vector Escrow Services internet escrow process is similar to any other escrow transaction you’ve participated in, like buying real estate.
Step 1: Agree
The parties agree to make a deal.
- A broker facilitates the terms of the deal
- An agreement is reached.
Step 2: Engage
Open Escrow with Vector Escrow Services
- Broker opens escrow online
- Terms of deal entered online
- VES distributes escrow instructions to all parties
- Estimated Settlement Statement provided to all parties
Step 3: Transact
Money is deposited in a trust account. Goods and services transferred.
- Deposit money is wire transferred to trust account
- Products and services transferred per instructions
Step 4: Close
Pay All Parties From Escrow Account
- Escrow instructions complete
- Transaction audit
- Final Settlement Statement