2 weeks ago
5
YOUR AD HERE
Escrow.com maintains a list of countries / regions from which it does not support payments. Buyers and sellers in these regions can not receive payments or disburse to bank accounts from these countries. In 2019, Escrow.com made some waves when it added Russia and the US state of Alabama to this list. Since then, the state of Alabama seems to have been removed from this list.
In its most recent update, Escrow.com added 18 countries/regions to its list of countries not supported by Escrow.com. The two countries that stood out the most to me are Israel and China. I know of many domain registrants who live in these two countries, and I also know there are many businesses in these two countries that acquire and use high value domain names.
This means a domain name buyer based in China or Israel will not be able to use Escrow.com to purchase a domain name if the funds originate from a domestic bank in either of those countries. A buyer would need to open a bank account in another region and pay or receive payment to that bank in order to use Escrow.com for a transaction. No reason was given by Escrow.com for adding any of these countries to this list.
The entire list of countries / regions that are not supported by Escrow.com are listed below with the yellow highlight for countries that were just added to the list:
- Afghanistan
- Algeria
- Angola
- Azerbaijan
- Belarus
- Burkina Faso
- Bulgaria
- Burundi
- Cambodia
- Cameroon
- Central African Republic
- Chad
- China
- Congo
- Côte d’Ivoire
- Croatia
- Cyprus
- Egypt
- Eritrea
- Equatorial Guinea
- Ethiopia
- Guinea
- Guinea-Bissau
- Haiti
- Honduras
- Iraq
- Israel
- Kazakhstan
- Kenya
- Kyrgyzstan
- Lao People’s Democratic Republic
- Lebanon
- Liberia
- Libya
- Mali
- Moldova
- Mozambique
- Namibia
- Nicaragua
- Nigeria
- Pakistan
- Panama
- Philippines
- Sierra Leone
- Somalia
- South Africa
- Sudan
- Sri Lanka
- Suriname
- Tajikistan
- Tanzania
- Turkey
- Uganda
- Ukraine
- Uzbekistan
- Venezuela
- Vietnam
- Yemen
- Zimbabwe
Thank you to David Clements for sharing this with me.
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn
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