The world's local bankEscrow Account
An ESCROW facility has been designed to allow the safe making of payments among business partners who entered into a contract with the bank. An ESCROW account secures your contract for co-operation. You can be assured that your business partner will receive your money after the delivery of goods or the provision of services as specified in the contract. Otherwise the bank will repay your money to you. ESCROW is opened by means of a trilateral contract made by your company, your business partner, and our bank.
Advantages:
- Increased security in making business transactions.
- Protection against drawing of funds, insufficient liquidity, or refusal to make payment.
- Protection against early or insignificant payments, such as payments for goods not delivered or low-standard service.
- Ensures the credibility of your organisation.
- Minimising related administrative tasks.
Should you have any questions?
Call us on: ( + 421 2 ) 58 264 103
Helpful Information:
Table of Fees for Corporate clients (valid from February 1st, 2010) (PDF, 125KB)
