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Confidus Solutions

What are the advantages of the escrow account?

Depending on the field of transaction, it is believed that both parties involved can benefit from escrow services. The biggest advnatage is that the object of an escrow remains in a specific posession by an escrow agent, which is a third neutral party, often a bank, meaning, none of the parties involved may effect the object, thus, granting legal protection and lowering risks for both parties.