As the escrow agency, we perform the third-party role and hold an asset or document on behalf of a first-party for delivery to a second-party or beneficiary upon the occurrence of a condition or event specified in the escrow agreement.
What it offers you:
As escrow agents, we offer the following services:
- Opening off-shore escrow accounts where required to hedge against foreign exchange losses
- Multi-currency account opening and maintenance
- Adherence to instructions (payment of authorized invoices and request for information) issued by the principals and parties to the transaction in a timely manner
- Investing idle funds via a daily sweep arrangement to ensure no investment benefit is lost
- Prompt reconciliation
- Handling the funds and/or documents in accordance with the instruction
- Periodic reporting to stakeholders in line with transaction dynamics and agreement.
- Closing the escrow in accordance to instructions when and where required.
Contact us for a discussion, to determine what you need.
The Wealth House,
Plot 1678 Olakunle Bakare Close
Off Sanusi Fafunwa Street
Victoria Island, Lagos, Nigeria.
Tel: +234 1 280 1266 Ext 1033, 1016