Services Escrow
— Service 04
Escrow
We manage escrow services for business and commercial/residential transactions, ensuring funds are held and disbursed only in accordance with agreed terms. Every transaction is carefully coordinated with a clear, documented process that protects all parties and provides transparency from receipt through final disbursement.
What we handle
Scope of the engagement.
- Escrow Account Coordination
- Receipt of Funds
- Secure Holding of Funds
- Verification of Release Conditions
- Disbursement Authorization
- Final Fund Distribution
- Transaction Documentation
- Escrow Reporting
The scope of escrow services depends on the transaction structure, applicable agreements, and release instructions provided by the parties.
How it works
The engagement.
Agreement
We draft the escrow agreement with both parties. Funds are not accepted until terms are signed.
Holding
Funds are held in a segregated, insured account at a US bank. Balance is reportable on request.
Release
Upon condition fulfillment, funds disburse within one business day. Full ledger statement at close.
Questions
Things people ask.
- What is the minimum and maximum transaction size?
- Minimum $25,000. Maximum is set by the holding bank per transaction; large transactions may require split accounts.
- How long can funds be held?
- Up to seven years. Most escrow agreements run 30 days to 18 months.
- Are funds FDIC-insured?
- Yes, up to FDIC limits per beneficial owner. Above that, we use IntraFi sweep arrangements.