Escrow and Specialized Agency Services
Citibank Agency and Trust provides high-quality, customized, escrow and collateral services to secure virtually any type of valuable asset. Our emphasis is on flexibility. We will tailor a solution so that you can close your transactions — whether standard or quite complex — quickly, while minimizing counterparty risk.
As your Escrow Agent or Collateral Trustee, we will safeguard your funds or assets and distribute them according to agreed-upon terms. We can also:
- Establish a team of experts dedicated to your escrow transaction as well as an experienced, single point of contact you can rely on
- Establish segregated accounts to achieve specific accounting or legal requirements
- Maintain the accounts, including tracking the receipt and investment of funds
- Report on payments made to parties to the transaction
- Execute investment instructions in multiple currencies
- Administer any combination of onshore, offshore and cross-border transactions
- Effect quick turnaround of standard or customized documentation
- Provide, as needed, browser-based technology through CitiDirect for Securities that will allow daily viewing of your account activity
We can offer a full range of escrow and special transaction capabilities, such as:
- Escrow Agent
- Security Agent or Trustee
- Collateral Agent or Trustee
- Disbursement Agent
- Project Finance Escrow Agent
- Indemnification Escrow Agent
- Standby Trustee
- 1031 Like-Kind Exchange Agent
- Subscription Escrow Agent
- Special Purpose Acquisition Company ("SPAC") Escrow Agent
Agency and Trust has provided superior and innovative escrow services for over a century to thousands of clients worldwide. We have earned the trust of leading corporations, investment banks, financial institutions and public-sector entities alike. We are experienced at engineering solutions that add value to a client's transactions. Whether an escrow is between two multinationals entering into a five-year joint venture or a pharmaceutical company shipping products to Russia offset by raw materials shipped back to the U.S., Agency and Trust provides experience, local market expertise and global reach.
