When can I use your payment service?

Click here to find out if you can use our payment service.

Alexia Frieberg avatar
Written by Alexia Frieberg
Updated over a week ago

Use our secure payment service if you want a payment solution that helps transfer the money from buyer to seller via an escrow account that holds the purchase sum safely until the handover is confirmed by both parties.

To be able to choose the secure payment method in your contract, the total price for the vehicle must be less than 50,000 euros or 499,000 SEK. The payment service can be used if it is chosen as a payment method in a Swiftcourt contract, and this contract is signed by both parties.

Additionally, the buyer and the seller have to be over 18 years old and have a bank account with access to online banking in one of the banks that are connected to the secure payment service. The owner of the bank account must be the same person that is listed in the contract and the name in the contract must completely match the name of the bank account´s owner. Both the buyer and the seller must pass a security check, it is a necessary procedure to prevent abuse of the payment service, for example, money laundering.

The checklist below summarises all the criteria for using the service:

Checklist:

  • The seller and the buyer are over 18 years old

  • The seller and the buyer have passed the security check

  • The seller and the buyer have accounts in one of the banks below

For German users we offer these banks:

For Swedish users we offer these banks:

  • The seller and the buyer have access to online banking in a connected bank

  • The name of the owner of the bank account chosen for the payment is exactly the same as the name that is written in the contract.

  • The secure escrow payment is chosen as a payment method in a Swiftcourt contract

  • The Swiftcourt contract is signed by both parties

  • The total price in the contract is less than €50,000 or 499,000 SEK

Did this answer your question?