Open an Escrow account in Inecobank!
Escrow Account Advantages
If you want to buy a valuable product or use a service requiring extensive financial investment, we are offering you to open an Escrow account in Inecobank and avoid possible fraud cases. Sign a trilateral agreement with the vendor and the bank mentioning the nature of the transaction, the sum, payment conditions, deadlines and other provisions relevant to the transaction.
You transactions can be secure. Due to Escrow account the funds are frozen on a special account in the Bank and are provided to the vendor only when the liabilities stipulated by the contract are fulfilled and the relevant documentation is provided.
Return of Financial Means
If the service provider or seller does not fulfill the liabilities stipulated by the contract, the financial means frozen on Escrow account is returned to the side that replenished the account.
Updated as of 09.01.2024 10:23