Fortis Escrow NL Escrow


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15. What are the benefits of using the Escrow Services over Credit Insurance?

Credit Insurance is generally provided for the entire turnover of the insured party (the supplier), also the insurance premium is calculated over the entire turnover of the supplier. The escrow fee is charged only over the transaction going through the escrow account and can provide 100% cover. Additionally the supplier using credit insurance has a credit limit for which he is covered by credit insurance. Escrow has no such limit.


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