Escrow Accounts
When you need a neutral third party to act as a temporary agent in financial transactions, look to the RBC's Escrow Services to provide you with the professional expertise and resources required to deliver complete escrow services.
Why use Escrow Services?
In a market filled with uncertainties, escrow agreements are an easily acceptable and versatile tool for assuring the safe, fair and efficient completion of a variety of transactions. An escrow agent will hold assets, invest funds, oversee distribution of funds and may handle tax reporting duties so conditions of an escrow agreement can be met.
A Wide Range of Transactions
RBC's full range of integrated escrow services includes: document review, investment services, payment and disbursement services, wire transfer and deposit services, and detailed activity and asset reporting for all parties.
We specialize in the following types of escrows:
- Indemnification
- Contractor Retention/Construction
- Private Placements/Subscription
- Merger and Acquisition
- Class Action/Litigation/Structured Settlement
- Software Licensing/Source Code
- Other Business Escrows
- Governmental/Environmental Protection
- Impoundment
- Real Estate Purchase and Sale/1031 Exchanges
- Franchise
You will receive the full attention of our specialists in the Escrow Services Group. They have the experience, combined with the speed and efficiency required, to manage your escrow transaction to your complete satisfaction.
