A developing company needs also tailor-made business partners. If you have a new business partner and you want to provide guarantees that he can trust you so that you will be sure he will respect his part of understanding, you can opt for OTP Bank's solutions. How? Very simple. You can keep the amount of money required to close the deal in an Escrow account until the successful completion of the real estate transaction / related to a civil or commercial agreement / services / goods delivery or any other similar transactions.
What are the advantages of the Escrow account?
Safe solution for any contractual transaction;
No minimum amount for setup;
Can be opened in several foreign currencies: LEI, EUR, USD, GBP, CHF and HUF;
The absolute guarantee that the amount set under the contract will be used strictly for the intended destination.