FUNDRAISING

Whether you are looking to conduct an Investment fundraise, or you are raising money for your Charity, Escrow Bank are able to assist.

Setting up an escrow account allows investors to commit to making an investment with the knowledge that the funds will not be released to the business conducting the fundraise until the fundraising target has been met. It also ensures that, in the event that the Investment fundraise was not successful; the money is set aside to be returned to the investor.

Setting up an escrow account allows investors to commit to making an investment with the knowledge that the funds will not be released to the business conducting the fundraise until the fundraising target has been met. It also ensures that, in the event that the Investment fundraise was not successful; the money is set aside to be returned to the investor.

HIGH VALUE TRADE

Escrow services can be a beneficial service when it comes to high value private sales. Whether you are purchasing or selling, the use of escrow services can give the peace of mind and confidence that are essential in private transactions. This is especially true if the two parties are operating at a distance.

Regardless of the items you are selling, the use of our escrow services can add a level of protection for both parties. The buyer has the knowledge that the funds are held in the escrow account, and will not be released to the seller without confirmation the item is shipped / received. The seller has the security of knowing that the funds are being held by us and that once the item has been delivered, they will receive payment.

LEGAL AND CORPORATE

Escrow services can be utilised when a dispute or litigation is settled and one party is required to pay money to the other as part of the settlement. In most cases escrow services are used when settlement money may be due to be paid from one party to another, however the finalisation of the settlement is still pending.

The settlement money is paid into the escrow account. The escrow service provider holds the sum of money until the settlement is finalised, and they have been notified of the outcome, usually by means of a court judgement or joint instruction from the parties in dispute after settlement. The escrow services provider will then release the funds to the relevant party.