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

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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 for︀ the ( Payment protection insurance) PPI Insurance Policy Costs, for Private Financial Loan.

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

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

Thank you in advance.
 
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