What are the benefits of an Escrow Account? 

This service protects the interest of contracting parties and provides other benefits, like;

• Generation of income if property is income producing, while the contract is being fulfilled or the conditions are still being complied with, and
• Freedom from monitoring the conditions of the contract

Meet your future obligations as well as protect the interests of the contracting parties by letting Maybank facilitate the delivery or exchange of money, securities or property between buyers and sellers upon fulfillment of your stipulated conditions.

Who can avail of the Escrow Account? 

This arrangement is ideal for companies with real estate transactions or other transactions that require fulfillment of certain conditions and for local and overseas manpower placement agencies (i.e. an escrow deposit requirement of the Philippine Oversees Employment Authority) as pre requisite in maintaining their accreditation or licenses.

What are benefits of availing of Maybank Trust’s Escrow services? 

• The Escrow Agreement is tailor fitted to the requirements of the client.
• The Escrow funds may be invested based on the tenor of the Escrow.
• Trust fees are competitive and would depend on the amount, length of time and complexity of the escrow account

What documentations will you give us after we avail of your Escrow services?

What documents would you require to open an Escrow Account?

For Individual: