How long does it take for funds to be released from escrow after the contract manufacturing agreement is fulfilled?
Once the terms of the contract are met, and the client approves the completed product, the funds will be released from escrow. The timeline may vary depending on the escrow service provider’s policies and processes, as well as any additional verification steps required. Generally, the release of funds from escrow is relatively quick, often occurring within a few business days after the completion and approval of the product. However, it’s always a good idea to check with your specific escrow provider, like Castler, for more accurate timelines.