Purchasing a vehicle through our International Escrow service

 

Escrow procedure explained:

Step 1) Buyer and Seller agree to terms (vehicle description, final price, number of days allowed for the Buyer's inspection of the vehicle, delivery information, etc.).

Step 2) Buyer completes the payment (only by bank transfer) to the Payment Agent assigned to the International Escrow Transaction. Payment confirmation may take up to 1-2 banking days (standard in the case of international payments).

Step 3) Royal Trailer Sweden AB delivers the vehicle to the Buyer. Delivery time depends on the location of the Buyer. The Buyer signs the Inspection Period documents and the vehicle is left in his possesion.

Step 4.1 - Buyer accepts the vehicle) The Buyer is satisfied with the vehicle and he confirms this to Royal Trailer Sweden AB. The Payment Agent that was assigned to the International Escrow Transaction is instructed to send the purchase amount to the Seller's bank account and the transaction is finalized.

Step 4.2 - Buyer rejects the vehicle) The Buyer is not satisfied with the vehicle and he informs Royal Trailer Sweden AB. The Payment Agent that was assigned to this International Escrow Transaction is instructed to refund the purchase amount to the Buyer's bank account (which will once again take 1-2 banking days). The vehicle will be picked up by Royal Trailer Sweden AB and returned to the Seller at the Seller's expenses.

Our team is ready to provide you with more information!

Peter Hedlund
Sales Manager
+46 40 693 60 06

Linnea Mattisson
Chief Accountant & Escrow Department
accounting@royalautoab.com