Singapore Watch Mall ( SGWatchMall ) provides ESCROW SERVICES by acting as a third party on behalf of transacting parties. In this case, all buyers will be protected and have the peace of the mind when doing online purchases globally.
WORLDWIDE WATCH ESCROW SERVICES
We aim to build a safer and happier worldwide watch community.
WHY ESCROW ?
There appears to be an increase in fraudulent transactions on watch forums in recent years, including selling of fake watches and default of payment after receiving a watch. Even though we have tried our best to raise awareness in our platform, it is still very hard to contain this problem. Our escrow service will be the best solution to deal with these issues. Together with the watch community, we definitely can reduce this painstaking problem. Let us uproot this problem for the better of the watch community.
In order to proceed with the Escrow service, kindly provide:
a) the link of the watch you are buying; and
b) the seller's contact details, and price agreed on.
We will then contact the seller and cc all emails to you. Then, the buyer will pay the agreed sum to SG Watch Mall Pte Ltd, and the seller will send the watch to SG Watch Mall Pte Ltd.
SG Watch Mall will:
c) authenticate the watch and check its running condition;
d) report our findings to the buyer and seller;
e) and send the money to the seller and the watch to the buyer if the watch is confirmed to be authentic.
f) charge a shipping fee if the deal is between two different countries,
g) a flat fee of $100 Singapore Dollars fo authentication,
h) and a transaction fee of 3.5% of the total amount.
RISK FACE BY BUYER / SELLER / MERCHANT
Following are some of the risks faced by everyone which purchases online.
WHY CHOOSE US?
With more than 15 years of watch experiences, we believe we can offer more than other general escrow platform.
SGWATCHMALL ESCROW STEP
Simply follow the steps below.
|1. How can I be sure that all watches that are sold are authentic?
With the increased in online scams, we are also not sure whether the watches posted by our users are authentic, that is why we offered authentication services to protect users from getting scam online.
At a cost of $100 Singapore Dollars, we will generate an authentication report for your watch. Simply request the local watch seller to bring down the watch to our shop (Mandarin Gallery #03-29, 333a Orchard Road, 238897 ) for authentication. We will handle the rest.
2. What are the charges for escrow service?
a) We charge a shipping fee if the deal is between two different countries. This shipping fee varies from country to country.
b) a flat fee of $100 Singapore Dollars for watch authentication.
c) a transaction fee of 3.5% of the total amount. Dealers can split up this transaction fee.
( Buyer to pay 2%, Seller to pay the reminding 1.5% ) or
( Buyer to pay X%, Seller to pay the reminding 3.5% - X% )
or a percentage split evenly between both parties.
3. What if the seller is not willing to go on escrow agreement and insist on dealing privately?
Scam, dodgy dealers tend to avoid us. Firstly, if they avoid dealing through us, they maybe hiding some secrets and truth behind the watch. But as a buyer, you can always insist on escrow agreement to protect your interest.
4. I saw a watch on SG Watch Mall website and the price looks too good to be true. I really love the watch but fear that it is fake. What should I do ?
Approach the seller and request to authenticate the watch before deal. At $100 Singapore Dollars, you can be 100% safe when purchasing online.
|If you have any questions or enquiry, please contact us at [email protected]
If you wish to provide any feedbacks to test.sgwatchmall.com, we welcome you to send us an email at [email protected]