Software Escrow & Copyright Agents Pty Ltd
Melbourne Office - PO Box 452, COLLINS STREET WEST VIC 8007 AUSTRALIA
Sydney Office - GPO Box 2506, SYDNEY NSW 2001 AUSTRALIA
Telephone: Melbourne Office - +61 3 9629 3534 Sydney Office - +61 2 9233 2655
Facsimile: Melbourne Office - +61 3 9629 3217 Sydney Office - +61 2 9233 3044
Email: seca@escrowagent.com.au Internet: http://www.escrowagent.com.au

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Cash Escrow

Sometimes our clients require us to escrow cash and release same to a third party at specified times during a transaction.

Those times can be the delivery of milestone, asset or password (including domain name passwords) or the expiration of a warranty or claims period.

If you are interested in using this service please forward your agreement to us for approval.

In the interim, our fees for this service are generally as follows.

Cash Escrow Fees

Amount to be held and releasedFee1)2)
$0 to < $10,000$1,000
$10,000 to < $50,000$2,500
$50,000 to < $100,000$5,000
$100,000 to < $1,000,000$10,000
$1,000,000+1% of the amount held capped to a maximum fee of $25,000

Please contact us by telephone or email to discuss your requirements.

Cash Accounts

Typically we hold the funds in a solicitors' trust account but we can hold same in an interest bearing facility if required.

1) $AUD
2) +GST

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  This website is a guide only and should not be used as a substitute for proper legal advice.
  Readers should make their own enquiries and seek appropriate legal advice.
  For legal advice please email wcl@computerlaw.com.au