Escrow.com Now Accepting Euros
At the end of February, Escrow.com announced that the company would begin accepting Euros for transactions, and the target date was sometime in April. This came as good news for domain investors in Europe, who most likely had to deal with currency conversion, which isn’t cheap.
I just heard that Escrow.com is now accepting Euros. This morning, the company released this ability on domain name and general merchandise transactions, and the currency is also supported through Escrow.com’s API.
The fees mirror the company’s USD fee schedule, but the minimum fee is 35 Euros (vs. $25 USD). Wire transfer will be the only incoming payment type and disbursement type for Euro-based transactions, and the company will not charge the seller a disbursement fee. Visit the Escrow.com fee calculator page to see the fee schedule.
I am told that Escrow.com will roll out Euro transactions for other transaction types such as vehicle, domain name holding, broker, and milestone “in the near future.”
Domain investors have requested that Escrow.com accept other currencies, and I will keep you updated if the company begins accepting additional currencies.
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