Buy it safely. Pay when it arrives.
A car, a domain name, equipment: we lock your payment in our vault until you’re happy with what you bought.
Buyer you pay into CheckVault
Funds secured
Escrow agent: Perpetual Corporate Trust
Seller paid once you’re satisfied
Found the one? Here’s what happens next
You pay into CheckVault
We tell the seller it’s secure, set aside for them.
The goods or work arrive
Perpetual holds it while you check it’s right.
You both agree, it’s paid
Once you’re satisfied, it’s released to the seller.
Everyone is ID-verified, to stamp out fraud. Selling a domain name? See domain name escrow.
1% to hold it, $50 at least
- Pay by
- EFT or BPAY, from a savings account
- Who can use it
- Australian residents, from $300
CheckVault fee
1% of $10,000.00
An estimate. Your terms set the final fee.
| Amount secured | Fee | Minimum fee |
|---|---|---|
| Up to $25,000 | 1% | $50 |
| Over $25,000 | 0.89% | $50 |
What buyers ask first
Who holds my money?
Perpetual Corporate Trust. Your payment goes straight to them, and they pay it out only when you and the seller both approve.
What if the seller and I disagree?
Neither side can take the money alone. You can split the release by any amount once you agree. If you can’t, after 10 days the matter can go to a court or tribunal, and the funds are released as it directs.
Can I get a refund or release part of it?
Yes. With both of you agreeing, the money can be split however you want, or part released and the rest kept for later.
How do I pay in?
By bank transfer or BPAY, from a savings account. CheckVault doesn’t accept cash, cash deposits or cheques.
Why do I need to verify my identity?
Anti-money laundering law requires it, and it keeps fraudsters out. It’s done online in under two minutes in most cases.
Ready to buy it safely?
Set up the payment in CheckVault. We tell the seller once it’s secured.
Send a paymentAlready trading with us? Log in, or call 1800 CVAULT.