Conditional storage accounts (escrow)
Opening an account makes it possible to perform a transaction for the repurchase of shares of the joint-stock company from the final beneficiaries in accordance with the current legislation of Ukraine.
Advantages of using an escrow account:
- Account opening free of charge.
- Minimal financial risks – since the account is managed by the bank.
- Additional guarantees for buyer and seller – frozen funds can’t be used in expense transactions.
- The guaranteed success of the agreement (those who pay to open an account are unlikely to refuse it).
Rates for using a conditional storage account
For services related to servicing the account and carrying out transactions on it
2 % of the amount of payments, minimum – UAH 30,000 (one time); additionally – if the number of beneficiaries is greater than 500: UAH 15,000 for each additional 500 beneficiaries
Making payments from the escrow account to the beneficiary legal entity
Did you like this product?
We are committed to ensuring the quality and relevance of our services and products and your opinions and comments are very important to us.