ESCROW is a legal concept describing a financial instrument whereby a third party holds money (or an asset) on behalf of two other parties that are in the process of completing a transaction. ESCROW accounts might require escrow fees, charged by the agents holding the funds or assets, until receiving appropriate instructions or until the predetermined contractual obligations are fulfilled. Money, securities, funds, and other assets can all be held in an ESCROW. It is often suggested as a replacement for a certified (or cashier's) check.
It is used when two parties are completing a transaction, and one of the parties wants to be sure that the other is fulfilling its obligations. In other words, escrow is used as a precaution.
SeedBlink S.A. is geregistreerd in het register van de Roemeense financiële toezichthouder (ASF), onder nummer PJR28FSFPR/400001 per 03.11.2022 met een EU-paspoort volgens het register van aanbieders van crowdfunding diensten van de European Securities and Market Authority (ESMA).
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