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Corporate Escrow Services

Throughout the life-cycle of a critical transaction, Barclays’ Escrow Services provide secure control over cash assets, helping to protect your business.

  • We have experienced Escrow specialists on hand to provide support – from structuring solutions to servicing accounts
  • Our standardised Barclays Escrow agreements simplify the documentation process, reducing negotiation times and minimising legal costs
  • Clients can choose to hold Escrow amounts in a joint or single party account

How it protects your business

The role of Barclays as Escrow bank is to act as a neutral non-discretionary agent in a transaction, holding cash assets on behalf of the Escrow parties. Funds are released in line with pre-agreed terms. Escrow accounts can be opened in a wide range of currencies and are held in the UK governed by English or New York law.

Common scenarios where an Escrow solution may be required:
 
  • Mergers and Acquisitions: Facilitation of an M&A transaction to cover holdback amounts related to reps and warranties, purchase price adjustments, regulatory approvals and employee retention, as well as ‘good-faith’ deposits, such as commitment/ability to fund a transaction
  • Financing: Counterparty risk in project and infrastructure finance, acquisition finance and cash collateralised credit
  • Litigation: To hold funds in Escrow awaiting an outcome of a court judgement, allowing safeguarding of assets during the appeals process
  • Capital Raising: To provide assurance to transaction parties that funding is in place for acquisition financing or pending an Initial Public Offering (IPO)
  • Regulatory Requirements: Holding of assets in Escrow to comply with government regulations in areas like environmental protection, real estate development, bankruptcies and pension protection.

Important information

The product referred to in this webpage is subject to separate terms and conditions. 

Barclays holds any Escrow funds as banker in a non-fiduciary capacity and will release the funds in accordance with pre-agreed terms on a non-discretionary basis.

This product is only available to Corporate and Institutional clients.

Contact our Corporate Escrow Team

To find out more about our Corporate Escrow Services, please email our dedicated team.

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How can we help?

To discuss switching to Corporate Banking at Barclays, call us on: 0800 015 4242*