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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.
Cash Escrow accounts can be opened in the following branches of Barclays Bank PLC:
Common scenarios where an Escrow solution may be required:
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.
To discuss switching to Corporate Banking at Barclays, call us on: 0800 015 4242 *
Your eligible deposits with Barclays Bank PLC are protected up to the FSCS compensation limit by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Barclays, Barclays Corporate Banking, Barclays Investment Bank, Barclays Private Banking and Barclaycard. Any total deposits you hold above the limit between these brands are unlikely to be covered. For further information visit www.fscs.org.uk^ (opens in a new window).
Barclays Bank PLC is registered in England (Company No. 1026167) with its registered office at 1 Churchill Place, London E14 5HP. Barclays Bank PLC is authorised by the Prudential Regulation Authority, and regulated by the Financial Conduct Authority (Financial Services Register No. 122702) and the Prudential Regulation Authority. Barclays is a trading name and trade mark of Barclays PLC and its subsidiaries.
‡This link takes you to a Barclays Bank UK PLC website
*Lines are open Monday to Friday, 9am to 5pm. To maintain a quality service we may monitor or record phone calls. Call charges and information.
^You are about to link through to a non Barclays site. Please note that Barclays is not responsible for the accuracy or content of this website, and is not recommending it or giving any assurances as to its standing. Barclays does not accept any liability for any loss or damage suffered as a result of its use.