For Art / Secure, Transparent Transactions
F A S T T
The trusted third party that brings security and transparency to artwork sales proceeds.
Fast & Safe Payments
Upon receipt, incoming payments are notified to all parties and disbursed within 10 business days of receipt in the account, reducing gallery administration and expediting artist receipts.
Full Financial Oversight
Artists and galleries receive timely reports on exact amounts received, providing immediate and full transparency on each transaction.
Robust AML
Full Anti-Money Laundering checks are performed prior to each transaction, giving added confidence to all participants in the sale.
FASTT
ensures payment of sales proceeds of artworks in a way that has never been done before.
How it works
Each payment that a buyer makes is directly deposited into a dedicated bank account that FASTT opens specifically for the artist and the gallery.
FASTT produces a detailed statement for the artist and the gallery showing the allocation of monies received.
FASTT transfers the entitlements to the artist and the gallery within 10 business days of receiving the full purchase price from the buyer.