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How does the escrow account payment system work?

All payments are escrow payments. Escrow is a legal term where money is deposited with a neutral third party (121Translation) to be delivered upon fulfilment of certain conditions (the project).

Related Topics:
When do I have to pay the project fee?
Do I have to be paid for projects through my 121Translation account?
Can I make a deposit or withdrawal using a method not described on 121Translation?
How long does it take for you to send a withdrawal?
Why are PayPal withdrawals not instant?
If I end up charging the project owner less than I bid on their project, can I get a partial refund on the commission 121Translation takes?
When do you charge your commission and how much will it be?
How do I add money to my account?
Do I have to add money to my account?
Can I withdraw money from my account?
Can I transfer money to another translator on 121Translation?