Escrow service

Escrow service offers transfer of funds from deposits placed in a temporary account by one party to another party upon completion of contractual obligations. If you would like to complete the purchase and sales transactions in a safe and secure manner, Khan Bank’s Escrow service is the right choice for you. You can use our service for the purchase and sale transactions involving:

    * Immovable property,
    * Company (LLC) stock,
    * Cars,
    * Inventory,
    * Services.

Service terms and fees

    * Service fees shall be paid as per the agreement between purchasing and selling parties.
    * The funds placed in an escrow account will not bear any interest.                                                    

Necessary documents

Escrow service agreement can be concluded at any branch/sub branch of Khan Bank upon furnishing of the following documents:
 
For purchase and sales of immovable property:

    * Civil IDs for individuals and registration certificates for legal entities;
    * Immovable property purchase and sales agreement /notarized/;
    * Immovable property title certificate issued by State Immovable Property Registration Office;
    * Bank loan agreement if the payment of the transaction is financed by bank loan;

For purchase and sales of company (LLC) stock:

    * Stock purchase and sales agreement;
    * Civil IDs for individuals or registration certificates for legal entities;
    * State registration certificate of a broker company;

For other transactions:

    * Agreement between the parties;
    * Civil IDs for individuals or registration certificates for legal entities;
    * Bank loan agreement if the payment of the transaction is financed by bank loan;