Escrow Agreement
1 min
The SecurePlate Escrow Agreement outlines how payments are held and released between buyers and sellers. When you transact through SecurePlate, you automatically agree to this escrow policy.
In summary:
- Buyer’s payment is securely held in escrow after purchase.
- Seller completes the plate ownership transfer as per JPJ guidelines.
- Buyer confirms successful transfer.
- SecurePlate releases the payment to the seller, minus applicable fees.
If either party fails to complete the required steps, SecurePlate will review the case and issue a refund or release funds according to the Escrow Agreement terms.
You can read the full Escrow Agreement at: 👉 secureplate.com.my/escrow