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How does the escrow account payment system work?
All payments are escrow payments. Escrow is a legal term where money is deposited with a neutral third party (121Translation) to be delivered upon fulfilment of certain conditions (the project). Some translators may insist on escrow payment before they start work, this can be done from your account. The funds are not released until the work is complete. Related Topics:
Is there a fee to transfer money to a translator’s account? Do I have to pay translators through my 121Translation account? What is the minimum amount I can transfer to a translator account? How do I add money to my account? Do I have to add money to my account? How do I pay a translator for a project? What if I accidentally transferred the wrong amount or transferred it to the wrong translator? When do you charge your commission and how much will it be? If the translator ends up charging me less than he bid on my project, can I get a partial refund on the commission 121Translation takes? Can I transfer money to another Client account? When do I have to pay the project fee? Can I withdraw money from my account?
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