Escrow accounts

You can open an escrow account in BGN, Euro or US dollars in any office of TEXIM BANK.

Escrow accounts are accounts with the special designation in which the Bank exercises additional control over the use of the funds available in them.

Disposition of funds in these accounts is only done in compliance with the terms negotiated in a special agreement between the parties.

The Bank undertakes the commitment to pay the amounts owed to the party after the negotiated terms have been met and after the documents that have been harmonized in advance have been presented .

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