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Think from the angle of customers leads you getting more businesses
Xintai (HK) Chaoyue Electronics Trading Co., Limited - Mr Chen, Manager
[China]
 
 
Escrow with InspectionEscrow with Inspection          


Settle transactions the easy way and have your goods professionally inspected.

About Escrow/i

Escrow - a tightly controlled transaction process via an independent third party - has proven to be an efficiency builder for sellers and buyers alike. Now our Escrow service is even better with a new inspection feature. We ensure your merchandise is sound by having it inspected by professional experts, and issue an inspection report to both the buyer and seller for approval before the seller is paid.

More transparency. Less uncertainty. That's what our Escrow service is all about. Our charges are amongst the most competitive in the industry, with a fee of just 1% of the transaction amount.

7 Easy Steps to Escrow/i

Escrow/i Procedures

Escrow/i Procedures
1) How is Escrow /i different from regular Escrow?

Typically, we recommend all users to use Escrow if they want to buy or sell from an unknown party through Internet. The whole process between two services is very similar except Escrow /i provides an additional pre-shipment inspection from a 3rd party for Buyer.

2) What are the benefits of using Escrow /i?

Items received from Seller will be inspected by an independent testing laboratory prior to shipping. Disputes between Buyer and Seller can be minimized. Test report will be attached for each test.

3) What is the inspection process?
  1. The laboratory receives goods.
  2. Photo is taken (shows the condition of the box and packing including tubes, reels, trays, etc) in which the parts were delivered, including any labeling.
  3. ESD- controlled environment for detailed examination.
  4. Verification including part number, date code, country of origin, lot code and quantity with visual inspection*.
  5. Verification of package style ( DIP, BGA, TSOP etc) and material (plastic or ceramic).
  6. Measure the dimension of the parts to verify if they meet manufacturer specification (which will be using OEM datasheet).
  7. Upon the completion of inspection, parts will be repacked in compliance with the JEDEC standards for ESD and MSL protection.
  8. Photograph will be taken prior to shipment, and awaiting for shipping instructions.
4) How much is the cost of Escrow /i Fee?

The Escrow/I fee includes Inspection fee and Escrow service charge.

  1. The Escrow fee is 0.70% of total transaction amount or a minimum charge of USD60.00
    please click HERE to learn more discount scheme.
  2. The inspection fee will be charged according to the quantity, packing style, of items, also related with the testing method,
  3. If either the Seller or the Buyer requests to cancel the order, the requesting party is responsible for 0.70% of total transaction amount or a minimum charge of USD60.00
  4. The Escrow /i fee is for one-time inspection only.
Remarks: For more information, please contact Escrow Department at escrow@hkinventory.com
5) How does Escrow /i protect against fraud?

It takes several steps to protect both the Buyer and Seller against fraud:

  1. ensure all payments are made by the Buyer before the Seller is instructed to ship
  2. all shipments are tracked to ensure the Seller shipped and the Buyer received the goods
  3. the pre-shipment inspection gives the Buyer an extra level of security
6) Does the inspection laboratory offer more in-depth examination of the parts?

Yes, the standard Escrow /i service includes mainly the Visual Inspection, De-cap, Electrical Silicon Test, Key Function Test, for more testing method, please click here or contact us at escrow@hkinventory.com.

For more information, please contact Escrow Department
Email: escrow@hkinventory.com
Hong Kong Office     Tel: (852) 2787 4210       Fax: (852) 2499 7660
Shenzhen Office    Tel: (86) 755 8364 0208     Fax: (86) 755 8364 0218

 


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