Escrow accounts

Opening an escrow account to process payments under the procedure for mandatory sale of shares (squeeze-out).

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.
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
not charge

How to apply?

  • Order online

    Submit your application and our manager will contact you to schedule an appointment.

  • Contact your personal manager

    for existing clients of the bank.

FAQ

Submit application
Provide your contact details and a bank employee will contact you to discuss the terms and conditions for a product or service.
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