Your Trusted Transaction Escrow Manager
Whether you're making a purchase or selling something, we're here to help. We offer a service that safely holds your money during a transaction. This means you can relax, knowing your money is secure. Feel confident when doing business in Nigeria.
Transaction Manager
Safeburse provides a secure, efficient, and transparent platform for asset acquisition and investment in Nigeria, leveraging advanced AI and Machine Learning technologies. We are a trusted tansaction manager / escrow partner in the Nigerian market.
Partnerships
Safeburse collaborates with reliable professionals, including property lawyers and banks, to guarantee secure and dependable transactions.
Insured
Safeburse safeguards all transactions with insurance, protecting your financial interests whether you’re buying, selling, or investing in Nigeria
How we work
Safeburse securely holds your payment in a dedicated escrow account, managed by our reliable banking partners. This funds is only released when the seller or beneficiary has fulfilled their obligations. This process guarantees that buyers receive the value they paid for, and sellers are duly compensated upon completion of their agreed milestones.
1
Buyer and Seller Agree on Terms
Buyers and sellers can easily create an account with Safeburse. You can set up an account and process a transaction in just a few minutes.
2
Signed Agreements
All parties sign agreements securely, and copies can be accessed easily by each party.
3
Seller Fulfils Agreement
With the funds securely held by Safeburse, the seller can deliver the goods or services as agreed with confidence.
4
Funds Released
We release the funds to the seller after the buyer has confirmed the agreement has been fulfilled.
Frequently Asked Questions
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What type of escrow services do Safeburse offer?
Safeburse provides escrow services for transactions involving high-value assets. Here are some areas we specialize in:
- Real Estate: Safeburse handle transactions related to property buying and selling, ensuring secure transfer of funds and property rights.
- Car Sales: Safeburse manage the financial aspect of buying or selling cars, providing a secure platform for these transactions.
- Importation of High-Value Goods and Services: Safeburse offer secure transaction services for importing expensive goods and services.
If you’re interested in other types of escrow services, feel free to reach out to the team at support@safeburse.com
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How much does Safeburse charge for its services?
Our fees are calculated based on the value of the property or asset in the transaction. We take a percentage that covers a 360 legal fees.
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Why do I need an transaction manager / escrow service?
An escrow service is like a financial safety net when dealing with high-value transactions. It holds your money securely during the transaction process. This means that your funds are only released when all the agreed-upon conditions are met, ensuring that your investment is protected. It’s especially useful when you’re dealing with parties you don’t know personally or when the transaction involves significant amounts of money. So, it’s not just about keeping your money safe, but also about making sure the transaction goes smoothly and as planned.
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Are my funds protected?
Yes, your funds are indeed protected. We hold all funds in a commercial bank that is under the supervision of regulatory authorities. This ensures the safety and security of your money during the transaction process. You can have peace of mind knowing that your investment is safeguarded.
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What are the benefits of using our service?
Peace of mind. We take care of the following:
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Milestones Escrow Creation
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Free legal contracts for both parties
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In-app messaging service for transparency
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Dispute resolution center for all parties
We work closely with approved service providers who can further help simplify your transaction.
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What are the risks of not using an escrow service?
Not using an escrow service can expose you to several risks:
- Fraudulent Sellers/Buyers: Without the safety net of an escrow service, you could potentially deal with fraudulent sellers or buyers. These are individuals or entities that might not deliver the goods or services as promised or may not pay the agreed amount.
- Payment Disputes: In the absence of an escrow service, disputes over payments can arise between the buyer and seller. These disputes can be challenging to resolve, especially if there are disagreements about the quality of the product or service or the terms of the agreement.
- Legal Complications: If an escrow service isn’t involved, you could face legal complexities in case of disputes or contract breaches. Resolving these issues can be time-consuming, expensive, and might require legal intervention. Therefore, an escrow service is a valuable tool for ensuring smooth and secure transactions.
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What countries do you cover?
Safeburse primarily operates in Nigeria. However, we have established partnerships in other African countries to cater to specific inquiries and needs. So, while our main coverage is Nigeria, we can assist with transactions in other African countries through our partners.
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Do I need to create an account?
Yes, 100% free to open.
Safeburse Partners
Funds are securely stored in commercial banks.
Release of funds is under your control, mitigating fraud risks.
Safeburse provides access to legal advice directly on our platform. Ensuring guidance for your transactions.
Get in touch
Do you have any questions and want to know more about our services? Our sales team are ready to chat with you today
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