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Escrow Agreement definition

The escrow agreement is a process whereby a supplier undertakes to entrust important elements to a third party escrow company in order to allow its clients/partners to access them in the event of default on its part.

The escrow contract takes the form of a contract between the various parties (bipartite or tripartite agreement) in which the conditions for the release of the items are specified. 

Best Escrow providers

SERVICES PROVIDEDVaultinum

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World Escrow

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Evaluation*
Probationary deposit
Escrow Agreement two way
Escrow Agreement three way
Deposit verification
Physical deposit
Digital deposit (via FTP)
SaaS Escrow
Online dashboard
Automatic updates
Online contract creation
Iso 27001
eIDAS compliant
Timestamping
Laboratory notes deposit
Legal assistance
Data encryption
Certificate issuance
API to SCM
Data center locationSwitzerlandThe Netherlands

* the above evaluations are carried out according to the number of criteria checked for each provider. The evaluations are divided as follow:

1 star = 1 to 3 filled criterion
2 stars = 4 to 6 filled criterion
3 stars = 7 to 9 filled criterion
4 stars = 10 to 13 filled criterion
5 stars = 14 to 18 filled criterion