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Open Money: What Is an Escrow Account and How Does It Work? (Bangalore)

Expires On: Friday, 18 July, 2025  15:05
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At Open Money, we simplify financial concepts like what is an escrow account » to help you make informed decisions. An escrow account is a secure holding account where funds are kept by a third party until the terms of a contract are fulfilled. Commonly used in real estate, business deals, and online transactions, it protects both buyers and sellers by ensuring fair and transparent payments. Learn how an escrow account works and why it’s important with Open Money’s expert guidance.

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