Offer

Is there an escrow? How do I make sure that the other party actually accepts the offer and sends the money?

Yes, there is an escrow. Kyshi guarantees that users will not be allowed to create or accept offers if their Wallet balance is not equal to the amount on the offer. Kyshi system would freeze the equivalent amount on the offer so the other party cannot redraw it from their Wallet. Kyshi will also disburse the funds to your desired recipient's bank account or Kyshi wallet.

Did this article help?
Related Articles

No articles found relating to this article

Sign up for free
Join thousands of users
The neo bank for Africans globally

Kyshi Ltd is a UK-incorporated Company with Registration Number (RC. 09736920). Database rights protect data on Kyshi website(s) (including pricing data).

Disclaimer: The Financial Services Compensation Scheme (FSCS) does not cover electronic money products. No other compensation scheme exists to cover losses from your electronic money account. Your funds will be held in one or more segregated bank accounts with a regulated third party credit institution, in accordance with the provisions of the Electronic Money Regulations 2011. The card and account is issued by PayrNet Ltd and licensed by Mastercard International Incorporation. PayrNet Ltd is authorised by the FCA to conduct electronic money service activities under the Electronic Money Regulations 2011 (Firm Reference Number 900594).

🇬🇧 85 Great Portland St, London, W1W 7LT, United Kingdom
🇺🇸 3790 El Camino Real, Unit #503, Palo Alto, CA94306
🇨🇦 80 Shannon Gardens SW, Calgary, AB T2Y 4L7
🇪🇺 Beedstraße 54, 40468 Düsseldorf, Germany
🇳🇬 21 Akin Ogunlewe Street, Victoria Island, Lagos

© 2022 Kyshi Limited. All rights reserved.

This website uses cookies.  Learn more