- Special offer of finance services for freelance professions
- Besides a normal business account with standard banking products, freelance professions require accounts to deposit funds of third parties – special escrow accounts.
- One client may require several such accounts, which are regulated by law.
- Escrow agreement deals with the legal matters related to escrow:
- Declares that the funds concerned belong to third parties
- These accounts are subject to special legal regulations, are not subject to execution, etc.
- Variable accounts:
- No charges, no interest
- Preferential interest rate and one-off fee for each case of escrow
- Escrow agreement deals with the legal matters related to escrow:
Escrow accounts
11.03.2005
English
