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What is an Escrow Current Account?
An Escrow Current Account is a Secure Account where a third party holds funds or assets until the terms of an agreement are fulfilled. Transactions are carried out based on a legal agreement, where terms & conditions are predefined to operate the Account.
Why choose our Escrow Current Account for your Fund Management?
Dedicated teams to structure requirements
Quick processing with simplified documentation
View access through Corporate Internet Banking (CIB)
Expert regulatory and compliance advisory
Customised solutions for litigation and wealth settlement
Terms and Conditions of Escrow Current Account
Escrow Current Account FAQs
I don’t have an Account with ICICI Bank, can I still open an Escrow Current Account?
Yes, you can open an Escrow Current Account without having any existing relationship with ICICI Bank.
How do I open an Escrow Current Account with ICICI Bank and whom do I contact?
To open an Escrow Current Account with ICICI Bank, you may visit any ICICI Bank Branch or submit your details on our website, and we will contact you.
What are the benefits of opening an Escrow Current Account with ICICI Bank?
At ICICI Bank, we cater to a wide range of Escrow Transactions. Some of the benefits of opening an Escrow Current Account with ICICI Bank are:
Quick turn-around-time in closure of agreements
Instant Account Number generation and easy Account opening.
Dedicated and experienced product, legal and operations teams to manage deals.
Robust support desk to manage end-to-end implementation.
Innovative digital platform for online transaction execution.
