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FAQ Area
| What is a Safe Transfer? |
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| Safe transfer is a form of a "payment in escrow" service that jy-domains.com offers.
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| How does it work? |
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Seller has selected the Buyer and both parties have come to an agreement on price and conditions of sale. |
- Seller requests that funds be deposited in jy-domains.com's safe transfer account until the domain registration has been transferred to the new owner.
- Buyer logs into his Account Manager and makes sure that funds are on deposit in his account. Buyer then clicks on "Safe Transfer" and enters in the amount to be held for safe transfer in the account of jy-domains.com. The Buyer then enters in the Seller's name and clicks on "Transfer Funds".
- Seller can then view the funds sitting in jy-domains.com's safe transfer account until domain transfer has been completed to the satisfiaction of both parties.
- In the event of a dispute the following options are available:
- Seller can cancel the receipt of the of Funds if terms of purchase are not met e.g. Insufficient funds on deposit in "Safe Transfer".
- Buyer can request jy-domains.com Admin to return funds if transfer of domain not completed by Closing Date.
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