Version 2026-08-draft · Effective date: none yet (draft)
Fixed-Price Escrow Instructions
Draft — pending legal review · last updated 5 August 2026
This is working-draft text, not final binding terms. It is with Panameer's counsel for review. Until that review is complete, the acceptance recorded against version 2026-08-draft is a placeholder marker, and everyone will be asked to accept the final document when it is published. Questions: hello@panameer.com.
Simple summary
Milestones, approval, refunds and disputes on a fixed-price Work Order.
A plain-English gist, not part of the agreement. The text below is what governs.
This document isn't written yet.
Panameer does not operate escrow. It holds no user funds, maintains no escrow account, and issues no escrow instructions or release conditions. The source document is escrow instructions from end to end, so there is nothing in it to correct — a partially rewritten escrow model would read as policy, which is worse than none. The page is a placeholder until counsel writes the arrangement that replaces it. Scott Walls, 2026-09-08, recorded verbatim so the drafter has the intent and not a paraphrase: “I am NOT a money transmitter no more than a staffing company gets paid, deducts its fee and pays the provider.” On what happens when a buyer does not pay: “IF the settlement request is approved, the buyer MUST pay Panameer. BUT, if they refuse, we will not pay the supplier. Meaning we pay the supplier when we get paid...if that is never, the supplier needs to pursue the buyer...we are not responsible.” On timing: “our supplier terms are pay immediate. Meaning we do not add time on. When we get the payment, we transmit the payment (the obvious exception is the clearing time for each check).” On what counts as paid: “we are not PAID until the funds are in our bank and able to be sent - without clawback.”
In the meantime: hello@panameer.com.