'Escrow' is an arrangement made under contractual provisions between transacting parties, whereby an independent trusted third party receives and disburses funds and/or documents for the transacting parties, with the timing of such disbursement by the third party dependent on the fulfilment of contractually-agreed conditions by the transacting parties.

Vistra ITCL acts as an escrow agent in several transactions involving institutional / individual arrangements. The services include:

• Holding assets (movable: cash / shares or immovable: land title documents) in escrow
• Acting in accordance with escrow agreement
• Opening and monitoring of escrow bank or demat accounts
• Ensure compliance of escrow terms by all concerned parties