These Terms of Service (“Terms”) govern your use of our crypto escrow platform at https://escrowlance.com (“Platform”). By accessing or using our Platform, you agree to comply with and be bound by these Terms. If you do not agree, do not access or use our services.
In these Terms, unless the context otherwise requires:
You must be at least 18 years old and legally capable under Singapore law to enter into contracts to use Escrowlance Ltd services. By registering, you warrant that all information provided is true, accurate, and complete.
Escrowlance Ltd acts solely as a neutral third-party intermediary for Users to transact securely using stablecoin escrow. We do not participate in any transaction as a buyer or seller and do not guarantee the quality, legality, or delivery of any goods or services exchanged.
Escrowlance Ltd provides:
We do not offer any warranty or representation regarding the outcome of transactions.
Escrowlance Ltd adheres to Singapore’s regulatory framework on Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT). We reserve the right to request KYC documentation, including:
Transactions may be paused, cancelled, or rejected if Users fail to provide satisfactory verification.
Escrowlance Ltd charges a flat fee of 1% of the total transaction amount, payable by the Seller and deducted at disbursement. Fees are disclosed at the time of transaction creation and are non-refundable unless otherwise agreed in writing.
We only accept approved stablecoins for escrow transactions. Users acknowledge and accept the following crypto-specific risks:
Users are solely responsible for ensuring that:
Escrowlance Ltd provides no warranty on the nature, condition, or legality of goods/services transacted.
Escrowlance Ltd disclaims all warranties, express or implied, including but not limited to:
All transactions occur solely between Buyer and Seller.
To the fullest extent permitted by law, Escrowlance Ltd shall not be liable for:
Our total liability for any claim shall not exceed the amount of fees paid to us for the specific transaction.
Users agree not to use Escrowlance Ltd to facilitate transactions involving:
We reserve the right to suspend or terminate any transaction that violates these prohibitions.
If a dispute arises, Users agree to notify Escrowlance Ltd promptly and submit supporting documentation. Our process includes:
Users agree that Escrowlance Ltd’s decision shall be final and binding with no recourse to litigation except where expressly permitted by Singapore law.
Users are responsible for determining, collecting, reporting, and remitting any taxes applicable to their transactions. Escrowlance Ltd does not provide tax advice and will not be liable for Users’ tax obligations.
Escrowlance Ltd respects User privacy and processes data in accordance with the Singapore Personal Data Protection Act (PDPA). Please refer to our Privacy Policy for details on data collection, usage, storage, and User rights.
We reserve the right to suspend or terminate your account or deny access to services if:
Escrowlance Ltd is not liable for failure or delay in performance due to events beyond our reasonable control, including but not limited to acts of God, war, government intervention, cyberattacks, or blockchain network disruptions.
We may update these Terms from time to time. We will provide notice of material changes via our Platform. Continued use of the Platform constitutes acceptance of the updated Terms.
These Terms are governed by and construed under the laws of Singapore. Any disputes arising shall be subject to the exclusive jurisdiction of Singapore courts.
Escrowlance Ltd
Email: [email protected]
Website: https://escrowlance.com
By using our services, you confirm that you have read, understood, and agree to abide by these Terms of Service.