Third-Party Fund Administrator

TradeSafe is now an approved Third-Party Fund Administrator (TPFA) with Standard Bank of South Africa Ltd.

As an optional feature to transacting parties, TradeSafe Escrow has the capability of opening a call account in the underlying buyer's name at Standard Bank. This means that the funds will be safeguarded in the name of the buyer under TradeSafe's control. TradeSafe will encumber these funds and the funds will only be released to the seller once the contract condition precedents have been fulfilled.

Ability to duplicate a transaction

Now a user can easily replicate an existing transaction. This is useful if the same transaction reoccurs every day of the week. It is also useful to quickly duplicate a transaction when there were multiple parties involved and the transaction comprised complex commission calculations and many milestone payments.

User Interface Updates

We have just release several updates to trade creation process to provide additional feedback to help avoid some of the common mistakes when creating a trade.

We always welcome feedback from our users so if you have a suggestion please use the support tab on our website.