Funds that wait until the deal is done
The oldest problem in trade: nobody wants to pay first, and nobody wants to ship first. Escrow solves it — a neutral third party holds the funds and releases them only when the agreed conditions are met. On IGT, escrow agents join your deal as intermediaries, with the conditions written into the contract.
When escrow earns its place
Not every deal needs it. Escrow adds a party and a fee, so use it where the risk justifies the structure.
First deal with a new counterparty
When there is no track record between the parties, escrow replaces trust you have not built yet: the seller sees the funds are real and committed, the buyer knows they only move when the goods or services are verified.
High-value, staged operations
Deals that deliver in milestones can release funds in milestones. The escrow agent pays out against each verified stage of the roadmap, so neither side ever has more at risk than the current step.
Conditional deliveries
Inspections, certifications, customs clearance, document checks — when payment depends on something being verified first, escrow makes the verification the trigger instead of a promise.
How escrow works on IGT
Escrow follows the same discipline as everything else on the platform: conditions agreed in writing first, execution documented after.
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1
Write the conditions into the contract
What triggers the release — documents, inspection, delivery confirmation — plus deadlines and what happens if conditions are never met. The escrow clauses are contract clauses like any other.
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2
Appoint the escrow agent
The agent joins the partnership workspace as an intermediary, visible to the side that appointed them, with the escrow terms agreed by both parties.
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3
Fund the escrow
The paying party transfers the funds to the escrow agent under the agent's own terms. The counterparty can now perform knowing the money exists and is committed.
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4
Verify and release
When the agreed conditions are met and documented in the workspace, the agent releases the funds as the contract instructs. If conditions fail, the contract says where the money goes.
Who provides the escrow
IGT is not a bank and never custodies deal funds. Escrow on the platform is provided by professional third parties.
Professional partners
Law firms, notaries and specialised escrow providers can join IGT as service partners and offer escrow to members. They operate under their own licences, terms and fees.
Your own trusted provider
The parties are free to appoint any escrow provider they both accept — a bank, a law firm they already work with. The platform documents who was appointed and what was agreed.
Offer escrow on IGT
If your firm provides escrow, paymaster or fiduciary services, you can join the platform as a partner and be appointed into deals that need you.
Become a partnerEscrow is not the RWA deposit
They solve different problems. The RWA deposit is a seriousness commitment tied to the platform's fee model: it shows both parties are ready, willing and able, and it can compensate the compliant party if the other walks away in breach. Escrow holds the deal funds themselves — the actual payment — with a professional third party until the conditions of the transaction are met. Larger operations often use both.
How the RWA deposit works is set out in charges and rates.
Escrow FAQs
Structure your next deal properly
Create your account, agree the conditions with your counterparty and bring in the professionals your deal needs — or write to us if you want to talk it through first.
Important information: IGT is not a bank, escrow agent, custodian or fiduciary, and does not hold, control or guarantee funds placed in escrow. Escrow services are provided by independent third parties under their own licences, terms and fees, and the parties are responsible for verifying the provider's credentials and the legal effect of the escrow arrangement in the relevant jurisdictions. The contract signed by the parties prevails over this general description.