Segregated and Secure Funds
Prime Escrow complies with the FDIC safeguarding requirements and your funds will be held within a designated client account with a secure U.S. bank. Once this account is set up, no other funds with be held in this account and your funds will be segregated and protected in the event of any unforeseen circumstances. Please note that many escrow providers will mingle your funds with those of other clients, making them less secure in the event of insolvency.
Knowledge
Our service is provided by experienced lawyers and accountants with extensive experience of handling corporate and commercial transactions. They can apply this knowledge to ensure that the escrow service is fully tailored to your needs.
Speed
It is not uncommon for an escrow account to be needed at relatively short notice and we will be on hand to ensure that it does not delay matters. The account can generally be opened in a matter of days, subject to receipt of all required KYC.
Flexibility
We have standard escrow agreements that can be used in their entirety or as a starting point for a more tailored option. We are also always open to tailoring the arrangements to your specific needs or starting from an agreement produced by your lawyers.
Independent
We are truly independent of any bank, law firm, accountancy firm or other financial institution. We are therefore free of conflicts of interest and able to act independently of the parties as an escrow agent.