Settle your trade transactions through the Mercurion platform and experience our user-friendly interface that reduces the need for complex administrative processes or simply adds security where it’s lacking at the moment. Benefit from a simpler, safer and more transparent way of conducting your business.
Our truly independent Escrow agent has no commercial ties to either the buyer or the seller. Funds are secured during delivery and are only released once products have been delivered or services rendered.
All actions are performed online and documents are signed digitally, including any changes during delivery. Initial onboarding is a matter of days once all documents are uploaded.
The platform complies with the latest security standards and is GDPR proof. The payment process guarantees payment only upon delivery, even in case of a bankrupcy during transit.
Transaction costs can be calculated upfront and shared in any ratio between buyer and seller. No hidden costs or annual fees apply. Pay as you go!
Through our platform, we offer easy access to a secure settlement service. Our users are typically importers and exporters, vessel owners and charterers, and principles and agents. Our digitalised Escrow service is easy to access, reducing cost by eliminating needless bureaucracy typically involved with traditional trade security products offered by banks, such as Letters of Credit or Bank Guarantees. The result is a service that can efficiently cater for smaller as well as larger transactions.
The highly secured Escrow service is performed by the Baltic Exchange, a well-known and established institution with a history of over 300 years. Payments are settled as soon as both parties have performed in line with the transaction entered on the Mercurion platform.
