MyID.ca has been providing secure escrow service exclusively for .ca domain transfer since 2001 and has escrowed numerous transactions including those for high profile clients such as Coca Cola, AskJeeves, Time Canada, Loblaws, AOL, The Bay and Canada.com. As a CIRA certified registrar, we guarantee that the transaction is completed promptly and securely to the satisfaction of all parties involved. In most instances, the transfer is complete within hours from our receiving the transfer funds in escrow.

Our escrow services guarantee that both parties to the transaction are satisfied and that the transaction goes exactly as planned.

The escrow service we offer requires that both parties are registered with MyID.ca and have completed the authentication process and that domain to be transferred has MyID.ca as registrar.

Got an escrow question? Make sure to review our escrow FAQs

Here is how it works:

1. Seller and buyer agree on transfer price
2. If domain transferred does not have MyID.ca as registrar, it must be transferred to MyID.ca. Process can be started by current domain owner here.
3. If buyer is not already registered with MyID.ca they signup here. If they are not yet registered with CIRA they then follow instructions to create a new CIRA registrant from their MyID.ca account.
4. Both buyer and seller must complete the authentication process which includes faxing of a government issued photo ID to 1-866-2244095
5. Buyer starts transfer at myid website and indicates use of escrow service here.
6. Buyer sends funds for transaction using either wire, direct deposit, hyperwallet.com or Interac email transfer. No cheques or credit cards are accepted in this regard. Details about payment methods are here
7. Buyer lets us know that payment was made by filling deposit form here .
8. As soon as funds are verified, we start the transfer and inform seller that money was received.
9. Seller confirms transfer with CIRA.
10. We approve transfer with CIRA and inform buyer that transfer is complete from seller's part
11. We release funds to seller.
12. Buyer confirms transfer with CIRA. Transfer is complete.

The escrow service we provide costs the larger of $50 CDN or 2% of the value of the transaction. So it is 2% for all transactions worth more than $2500 CDN. Otherwise it is $50. There is in addition an extension of the domain registration by 1 year at current prices as detailed here .

Got an escrow question? Make sure to review our escrow FAQs