Marine & Aviation Escrow
When buying or selling a boat or an aircraft, it’s important that the transaction is smooth and secure. That’s where we come in.
Escrow arrangements are incredibly flexible and are well suited to the sale and purchase of new and pre-owned yachts, aircraft and helicopters, whether the transaction is for high net worth individuals or corporates, or involves third-party brokers.
An Escrow facility by an independent party is commonly used in such transactions to handle the funds and certain documents, which gives both the buyer and seller significant peace of mind, and provides comfort and security by balancing risk between the contracting parties.
ZEDRA, as a FCA authorised provider of escrow services, has a legacy of experience in the establishment and management of yacht and aircraft Escrow arrangements. By appointing ZEDRA as an independent third party to hold assets, pending satisfaction of agreed contractual conditions, you can rely on us to manage any associated risks and provide peace of mind to all contracting parties.
Our Escrow services include:
- Drafting of the material contractual terms of the Escrow agreement
- Agreement negotiation with the involved parties and external advisers
- Set-up of bank accounts through our global network
- Management of controlled accounts, including the ultimate distribution of funds
- End-to-end solutions for the purchase and sale of superyachts, tenders and toys.