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How to Pay out money in escrow when there is no milestone attached to it.

Active Member
Mike L Member Since: May 28, 2019
1 of 2

I have $25 in escrow I want to pay out to the freelancer. 

But, there is not milestone attached to it anymore. Not sure why.

I could create a milestone and fund it for $25. Will it use the $25 in escrow or charge me another $25? Which will just put me in the same position.

I also looked at paying a bonus, but, again, I don't know if it's going to use my escrow money or charge me extra money and leave my escrow where it is.

 

It's weird because all my other contractors, I can just pay out what is in escrow for the milestone they completed. But, for some reason, with one of my contractors, I don't have that option.

 

How can I pay out what is in escrow to a particular contractor if I have no milestone attached, without adding more money?

Moderator
Bojan S Moderator Member Since: Mar 9, 2018
2 of 2

Hi Mike,

 

You can Add New Milestone to your Contract and fund it. It'll fund from Escrow. While Bonuses aren’t paid out of your existing escrow balance, those can be used for paying more than your escrow deposit when you approve a milestone.

 

Thank you.

~ Bojan
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