An escrow works when its release conditions are clear before any money moves.
We draft them so that nobody needs to argue about them later.
Escrow services in Cyprus
We act as escrow agent, or advise on escrow arrangements, in share sales, property transactions, commercial contracts and dispute settlements. Funds or documents are held under written instructions and released only when the agreed conditions are met, subject to full anti-money laundering checks on all parties.
How we help
- Escrow agreements with clear release conditions and timetables
- Holding of funds in client accounts for share and property transactions
- Holding of documents, share certificates and signed transfers pending completion
- Retention and deferred consideration arrangements in acquisitions
- Escrow in dispute settlements
- Know-your-customer and source of funds checks on every party
Common questions
When is an escrow useful?
An escrow helps where one party must pay or deliver before the other has performed, for example on a share sale with conditions to completion, a property purchase or a settlement paid in instalments. It reduces the risk that either side is left exposed.
What checks apply before funds are held in escrow?
The escrow agent must identify all parties and understand the source of the funds and the purpose of the transaction, under the Cyprus anti-money laundering rules. Funds are accepted only once these checks are complete.
Your contact
Andreas Mylonas, Managing Partner, oversees our escrow arrangements, with senior-level involvement in every mandate. Discuss the transaction you need to secure.
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