A service guaranteeing the proper performance of the obligations under a contract concluded between two parties.

How does Escrow work?

The Escrow service, offered both to individuals and to legal entities, guarantees maximum safety of the real estate sale-purchase transaction made between the parties. The bank opens a special account on which the buyer will deposit the sum of money equal to the sale price of the real estate. The account will be blocked by the bank and the money will be dispensed by the Bank:

  • To the Seller, only if the buyer was registered as the owner of the real estate at the Territorial Cadastral Office (OCT);
  • To the Buyer, only if the transaction has not been completed.

Buyer’s benefit:

  • The money will be transferred to the seller only after your registration in the State Register of Real Estate as the owner of the real estate;
  • In case of purchase of a pledged real estate, the bank guarantees you to release the pledged real estate;
  • If, for some reason, the transaction is not completed, you will immediately be returned the money deposited into your special account.


Seller’s benefit:

  • The confidence that after you sign the sale-purchase contract and it is registered with the OCT, you will receive the money;
  • Money will be paid to you not by the buyer directly, but by the bank, which excludes totally the risk to be given counterfeit money.



The relationship between the Buyer, the Seller and the Bank will be governed by a contract, specifying the terms under which the funds on the special account will be disbursed.




Please visit the nearest subsidiary of the Bank to benefit from the Escrow service.

For more details, contact us at: (022) 57-62-49