Escrow
Payments
CGI Lance provides users with escrow payment options to
help projects get completed smoothly. Webmasters can set
aside a specific amount of money into an escrow account
on CGI Lance, for a specific programmer. Both users can
then view the payment in the escrow account, but only
the webmaster can complete the payment from the escrow
account to the programmer. The programmer is the only
person (other than CGI Lance staff) who can cancel this
escrow payment. This gives each party half of the control
over the money in the escrow account.
If the project gets completed the webmaster can transfer
the money from the escrow account to the programmer.
If the project is canceled amicably the programmer can
cancel the escrow payment and the money will return
to the webmaster's account. If there are any disputes
over a project the CGI Lance staff must be contacted
before any money can be moved from the escrow account.
CGI Lance encourages its users to send and receive money
with the escrow system because it's another great way
to make sure everyone gets what they want from a project.
To manage your escrow payments login to your account.
The escrow menu is underneath the project list.
Adding Funds to Your Escrow Account.
You must have sufficient funds in your account before
transferring funds into your escrow account.
From inside your account area simply click the link
below the list of escrow payments:
Then use the form presented to indicate who the funds
are for and the amount of the transfer.
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(Click
here if you want to do a direct money transfer.)
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Contact us if you have any questions about Escrow Payments.
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