Wallet
PLATFORM
A user balance held on the BERLVIS SPACES platform that can receive payments, hold escrow, and be withdrawn to a verified bank account.
A user balance held on the BERLVIS SPACES platform that can receive payments, hold escrow, and be withdrawn to a verified bank account.
Withdrawal Fee
A small charge applied when a user moves funds out of their platform wallet to a bank account.
Escrow
BERLVIS SPACES holds tenant rent payments in a protected wallet until the tenant has confirmed move-in via the Move-In Code. Funds release to the landlord's wallet only on successful confirmation.