Escrow Service
Escrow Service
Our CUBC Escrow Service, we act as a third party to provide you a Secure and Reliable Transactions with Holding Funds, Transaction Monitoring, and Release Funds for both parties (Buyers and Sellers) ensuring that your transactions is always protected. With CUBC Escrow Service, "Ensuring Your Security in Every Transaction, Our Top Priority"
Benefit of Using Escrow Service with CUBC
1-Security for Both Parties
We act as a neutral third party to ensure that funds or assets are securely held until all terms of the agreement are met or both buyer and seller fulfill the agreed-upon conditions. This minimizes the risk of fraud or non-payment and ensures both parties are protected.
2-Ease of Transactions
By managing the process and verifying compliance with the terms, Escrow Services simplify transactions, especially for high-value or complex transaction deal like real estate. This builds trust and streamlines the business transaction.
3-Conflict Resolution
Escrow Service provides clear guidelines and reduce misunderstandings of each transaction. In case of disputes, the Bank ensures funds or assets are not released prematurely, and if the disagreement arises, we can help mediate by verifying the conditions of the agreement before releasing the funds and assets
Fee Charge
Escrow Amount | Charge Fee | Max Period | Extension Fee |
---|---|---|---|
<USD300K | USD800 | 3-month | USD250/month |
>USD 300,000-USD 1,000,000 | USD1,000 | 3-month | USD350/month |
>USD 1,000,000 | 0.1% | 3-month | USD500/month |