What is an escrow service?
An escrow service involves an escrow agreement where a third party (the escrow agent) holds assets for two parties engaged in a transaction.
The escrow agent only releases the involved assets when predetermined contractual obligations are met or upon receiving suitable instructions, thus giving the parties security that the other party delivers under the underlying contract such as a share purchase agreement (SPA) in an M&A deal.
Escrow can encompass money, securities, funds, and various other assets.
Why use escrow services?
Protection
Our escrow service ensures fair, secure transactions with all parties protected.
Trust
Utilizing an experienced and neutral third party fosters trust in transactions, particularly when working with new or unfamiliar parties.
Convenience
Experience a hassle-free transaction process without concerns over the security and handling of funds or assets.
How do escrow services work?
Parties
- The Depository: Transfers assets and funds to the escrow account or wallet for safekeeping.
- The Beneficiary: Receives safeguarded assets and funds upon fulfilling the release conditions.
- LEXR Finance (Escrow Agent): Holds assets and funds securely until the transaction is complete and all parties meet their obligations.
Options
Contact us for bespoke cryptocurrency arrangements (e.g., multi-signature wallets) or transactions involving non-monetary assets (such as intellectual property, software, or documents).
Steps
- Kick-off call: We assess your needs and discuss mutually acceptable escrow arrangements.
- Contract drafting: We create a personalized escrow agreement based on the initial call.
- Identification and account opening: We guide you through a smooth identification process for account opening and compliance with anti-money laundering obligations.
- Deposit: One party deposits the assets to be held in escrow, where they remain until agreed conditions are met.
- Release: Upon completing the transaction according to the escrow agreement, assets are released to the recipient.
Fees
Our escrow service fees start at CHF 10’000 and vary based on factors such as transaction volume, number of parties involved, and complexity of the escrow agreement. Book a free exploratory call to receive a full quote.
Why choose us?
In-depth market expertise
Collaborate with professionals skilled in tech, crypto, web 3.0, and M&A topics, ensuring your specific needs are met.
Comprehensive solution
Collaborating with registered attorneys of LEXR Law**, we provide all necessary technical and legal expertise for successful investor onboarding through a single point of contact.
Agility
Benefit from rapid execution and seamless cooperation between finance, tech, and legal teams.
Pricing transparency
We offer flat-fee solutions whenever feasible, leveraging our efficient, digitized, and standardized processes.
SRO Membership
LEXR Finance, a Swiss AMLA financial intermediary, is affiliated with and supervised by the SRO VQF, adhering to best practices with regularly audited, up-to-date processes.
** Disclaimer
The services showcased on this webpage are delivered by LEXR Finance GmbH, a financial intermediary affiliated with and supervised by the SRO VQF. These services are separate from those offered by LEXR Law Switzerland AG. Client-attorney privilege does not apply to services provided by LEXR Finance GmbH, and measures have been implemented to maintain a clear distinction between the activities of both entities.
About us
We’re a growing team of 30+ legal professionals. Some of our experts include:
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