Escrow accounts
An escrow account is a temporary deposit held by a third party, usually called an escrow agent, on behalf of two other parties. The temporary account operates until the transaction is complete and all conditions between both parties are settled. The money or other assets are debited from the escrow account when certain predetermined legal obligations are fulfilled or the escrow agent receives an instruction to release the assets.
https://www.confiduss.com/en/banks/account/escrow/
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