The advantages of the transactions via escrow accounts for the Buyer

• The Seller can receive the amount of funds entered to the special bank account by the Buyer only after presenting the relevant documents,
• The Buyer is insured from fraud and from the risk of paying for submitted false documents,
• The amount of funds submitted to the escrow account will be returned to the Buyer in case of non-performing agreement responsibilities.

The advantages of the transactions via escrow accounts for the Seller

• The Seller is insured from the risk of non-payment or partial payment by the Buyer,
• The Seller is insured from fraud, from receiving false bills by the Buyer,
• The risks in trade transactions are minimized.

The main terms of opening escrow accounts:

• The Bank opens escrow accounts for RA resident and non-resident individuals, legal entities, persons with no status of a legal entity and private entrepreneurs,
• Currency - AMD or other currencies acceptable for the Bank.

There is no minimal initial amount limit.