When engaging in a transaction, particularly as a UK business entering into legal terms with a US counterpart, you may have come across the term “escrow.” Despite its importance, the concept is often misunderstood or considered difficult to comprehend.
This article aims to clarify what “Escrow” is, as well as when and how it should be used.
Transacting with the US – Escrow: What is it? How is it Used? Do you need it?
