Escrow is an effective and safe means of protecting funds, especially in transactions where the financial performance is tied to the subsequent fulfilment of the specified conditions by the contractual parties. In addition to funds, we also provide escrow of documents in the safe deposit box in one of the selected banks during the escrow period.
The reasons for choosing escrow in particular include:
- protection of funds, documents or other things
- guarantee that a financial or contractual obligation will be met by another person
- credibility when depositing funds and documents
- transparency for commercial contractual relationships
- considerable flexibility compared to other types of custody