Chain TLM

The Safe in Trade service of the Chain TLM platform has several levels of protection to provide the participants in the purchase and sale transaction with stability and security.

The first level: the deposit of funds, which provides a guarantee of payment for the transaction.
An independent third party, in this case the Safe in Trade platform, holds and regulates the payment of funds between the parties to the transaction.

Funds are kept in the deposit account of the platform while the parties fulfill their obligations under the terms of the Contract.
After the responsible party (for example, the Buyer) confirms the fulfillment of obligations by the other party to the transaction, the amount is transferred from the platform's deposit account to the corresponding participant in the transaction (for example, the Seller).

As long as the money is in escrow with Safe in Trade, the transaction can be safely executed without the risk of losing money or goods due to fraud or bad faith.

This eliminates many of the risks of the modern world, in which the Seller and the Buyer do not always know each other, and allows buyers and sellers, who are confident in the security of transactions, to develop their business, expanding the geography of trade.

While the traditional services of banks for the provision of letters of credit, collection or financial guarantees are complex and expensive, Safe in Trade provides a comprehensive package of services that meets modern requirements at affordable prices.