Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

What are the different types of escrow services available?

There are two main types of escrow services:

Open escrow: In an open escrow, the funds are held in escrow until all of the conditions of the transaction have been met. Once all of the conditions have been met, the funds are released to the appropriate party.
Conditional escrow: In a conditional escrow, the funds are held in escrow until a certain condition is met. Once the condition is met, the funds are released to the appropriate party.