The Airtm trust makes transactions between people safe, honest, traceable and transparent as Airtm holds funds in escrow and in the event of any disagreement between members, Airtm's professional mediation team communicates with both sides to reach a conclusion ensuring that the funds in escrow end up with their rightful owner.
When a fellow member accepts another Airtm member's request for funding, we debit AirUSD from the accepting member's Airtm balance and hold it in the name of the requesting fellow member. When the accepting Airtm member receives the transfer in local currency from their fellow member, we release AirUSD to the applicant's Airtm balance. We will not release the money until the accepting member confirms receipt of the transfer.
When an Airtm member's withdrawal request is accepted by another fellow member, we debit AirUSD from the applicant's Airtm balance and hold it in the name of the accepting member. When the applicant receives the partner's local currency transfer, we release AirUSD to the accepting member. We will not release AirUSD until the requesting member confirms receipt of the transfer.