Escrow accounts

The very and the same issue “Where to keep the funds until the complete and successful arrangement of the transaction?” stands acute anytime when a purchase and sales deal is being concluded. ARMBUSINESSBANK advances guaranteed funds storage and paying through escrow accounts, anticipated for secure effectuation of movable and real estate business. The Purchaser and the Seller, acting as counterparties open an account where the transaction amount shall be tied up. Consequently, the account is closed subsequent to the execution of the business.

Fees for opening escrow accounts:

Minimum amount

20 000 ֏

Maximum amount

100 000 ֏

Fees

0.1%

Minimum amount

15 000 ֏

Maximum amount

50 000 ֏

Fees

0.3%

Updated 2022-09-07 17:08