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Question How to check if the account is Escrow and the Escrow Agent is licensed for it.

STEKIC

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Jan 5, 2021
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Hi guys,

I want to ask, how can I find out if an account is an escrow account or not?

And can the specified escrow agent, with a license, check it somewhere?

It's about,

UAB “DSBC Financial Europe”, Lithuania multinational bank and financial services company headquartered in Lvovo g.25-702, 09320, Vilnius; nominated as [“Escrow Agent”] in possession of a license according to Art. 15 Law of 21 January 1992 on Banks and Investment Firms and written in the Register of Banks with Authorization code: LB000427, Company code: 304713395, Regulated Payment institution licence ( valid from: 2017-11-06 ).

-Where to pay money in advance, paying for the ( Payment protection insurance) PPI Insurance Policy Costs, for Private Financial Loan.

- I am asking you for advice and help, because I do not feel any security in all this.

- Or I plan to open my Escrow account, in my Bank, through my Escrow agent, appointed by the Bank and thus protect my payment based on PPI insurance.

Thank you in advance.
 
You posted in the wrong forum, just moved it to the right one.
 

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