While the bank is responsible for opening and maintaining the escrow account, our role as the Escrow Agent is to provide an added layer of oversight and control throughout the transaction lifecycle. We act as a neutral third party to hold, monitor, and release funds strictly in accordance with the predefined terms and conditions agreed upon by the counterparties. This ensures that the transaction proceeds in a secure, transparent, and rule-based manner—thereby building trust among parties and significantly reducing the risk of default or dispute.