FerryPros LogoFerryPros

Secure Escrow Service

FerryPros offers a secure escrow service that protects both aircraft owners and pilots during the ferry process. Our escrow system ensures that funds are safely held and only released when all parties are satisfied with the completed service.

How Our Escrow Service Works

Our escrow process is designed to be simple, transparent, and secure:

  1. Job Agreement - Aircraft owner and pilot agree on terms and price
  2. Funds Deposit - Owner deposits the agreed amount into our secure escrow account
  3. Verification - We verify the deposit and notify the pilot that funds are secured
  4. Service Completion - Pilot completes the ferry job as agreed
  5. Owner Confirmation - Owner confirms successful completion of the service
  6. Fund Release - Funds are released to the pilot within 24-48 hours

Benefits of Our Escrow Service

For Aircraft Owners

  • Protection against service non-completion
  • Verification of pilot qualifications before payment
  • Ability to withhold payment until satisfied
  • Transparent transaction process
  • Dispute resolution assistance if needed

For Pilots

  • Guaranteed payment for completed services
  • Verification of available funds before starting
  • Protection against payment disputes
  • Professional payment processing
  • Timely payment upon job completion

Security Measures

We take the security of your funds seriously. Our escrow service includes:

  • Secure Banking Partners - We work with established financial institutions
  • Encrypted Transactions - All financial data is encrypted using industry-standard protocols
  • Segregated Accounts - Escrow funds are kept separate from operational accounts
  • Transaction Monitoring - Continuous monitoring for suspicious activity
  • Detailed Documentation - Complete records of all transactions and agreements

Escrow Fees

Our escrow service is available for a small fee based on the total transaction amount. This fee covers the secure handling of funds, transaction processing, and our dispute resolution service if needed. Current fee structures are available in your account dashboard.