Pivdenny Bank opens escrow accounts for its clients to make payments to repurchase shares in joint stock companies from their ultimate beneficiaries (so-called "squeeze-out" process).
Advantages opening of an escrow account with Pivdenny Bank:
- Fast transaction processing.
- The bank’s extensive network enables rapid payment execution.
- Attractive and affordable rates.
Opening and maintaining an account (for up to 500 beneficiaries)
2 % of the sum of the payments, minimum – UAH 30,000 (once-off fee)
Opening and servicing an account (more than 500 beneficiaries)
2 % of the sum of the payments, minimum – UAH 30,000 + UAH 15,000 for each additional 500 beneficiaries (once-off fee)
Making amendments to the register of payments
UAH 50 per request
Transfer of payments from escrow accounts to the beneficiaries
How to apply?
Contact your personal manager
for existing clients of the bank.
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