Feb 2, 2022 02:52:51 AM by Zain A
Solved! Go to Solution.
Feb 2, 2022 03:39:43 AM by Goran V
Hi Zain,
The funds would still be in Escrow. If there are remaining funds in Escrow, once the client has closed the contract you will have the option to either approve the refund or open a dispute for the remaining funds. Thank you.
Feb 2, 2022 02:57:40 AM by Goran V
Hi Zain,
Are you referring to a fixed price contract? If yes, once your first milestone is approved you or your client can close the contract and the remaining funds in Escrow will be refunded back to your client. If you have any additional questions, please share more details. Thank you.
Feb 2, 2022 03:06:25 AM by Zain A
Thank you for your responce! But my question was a little bit different from this! Wants to ask if the client did some partial payment and ends the project so what will happen to the left payment which was not in the escrow but in the contract?
Feb 2, 2022 03:39:43 AM by Goran V
Hi Zain,
The funds would still be in Escrow. If there are remaining funds in Escrow, once the client has closed the contract you will have the option to either approve the refund or open a dispute for the remaining funds. Thank you.
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