It is a bank deposit through which the depositor assigns monetary funds to a beneficiary until the fulfillment of a given set of conditions. The conditions under which the bank shall release the amounts from this account will be agreed in an agreement concluded by the bank with the two parties.
builds trust and safety among business partners within a commercial transaction
guarantees the use of the amounts according to the written commitment of the business partners
you can use the escrow account to ensure the safety of your business