Other Trust Services

Other Trust Services

Among the other services that fiduciaries can offer are the following:

  • Bank account management: administration of bank accounts (savings, current). Likewise, short, medium or long-term term deposits can be acquired so that the money in said account has a return (generates interest for the benefit of the client).
  • Escrow: deposit that is used to guarantee the delivery of assets transferred or deposited in accounts or in the custody of the fiduciary or its affiliates, against the fulfillment of certain conditions. In other words, in an escrow service, payment is not made directly, from one party, to another, but through a third party. This external agent safeguards the money and delivers it to the recipient when the previously agreed conditions have been met.

This additional guarantee offers greater security to businesses in their commercial relationships and is used for all types of operations that need to protect funds or assets.

The main purpose of this type of service is to help make monetary transactions more secure. In this way, non-payments, defaults or the consequences of a signatory becoming insolvent are avoided.

Legal security increases by contracting the supervision of a legalized entity for this purpose. Escrow payments are only released when all agreed terms are met. If there is a problem, the operation is canceled and the money given is returned, without prejudice to adopting other legal measures.

  • Custodian of shares, documents, securities, etc.: We can custody all types of documents including registered shares, securities, documents, etc., on behalf of our clients.