Escrow account

The service of opening escrow accounts allows to make payments for goods, services, promotions, corporate rights with an additional security guarantee for the parties during the execution of the terms of the contract.

The benefits of having an account:

– a special mode of account operation in accordance with the legislation of Ukraine (funds cannot be seized, including by regulatory authorities, or lost)

– the funds blocked by the bank on the escrow account for the execution of the contract, can be paid to the counterparty only if all agreed obligations are fulfilled

– funds are protected by legislation from the withdrawal of the bank from the market

Today in Ukraine, escrow accounts are often used for squeezeout operations – a procedure for the mandatory sale of shares by minority shareholders at the request of the majority shareholder (dominant).

The benefits of this procedure are:

Ability to purchase shares of shareholders who have died and their shares are lost.
Reducing the procedure for making decisions by authorized bodies without calling a general meeting of shareholders.
Reducing the publishing cost of information in the official print media.
Leveling the possibility of corporate disputes and lawsuits that paralyse the regular activities of the Joint Stock Company.

«RwS bank» develops a detailed action plan for contract participants who use escrow accounts for settlement.

+38 044 590 00 00

Call for information on the escrow service

Branches and ATM Emergency Branches

Quality control 067 878 20 54

Do you have some questions? Call quality control manager.

Diana Yavorska

Залишити відгук

044 590 00 00 24/7

Contact center

0 800 500 590 24/7

For questions about loans for consumers including individuals, belonging to the protected category

067 878 20 54 24/7

For questions about service quality

Deposits of «RwS bank» are protected by the Deposit Guarantee Fund for Individuals.

Contact information for the protected category of management for settlement of overdue debts

Central office: Kyiv, 6 Prorizna Str., +38 (044) 590 00 00, office@rwsbank.com