Escrow Service

Use Terabank's Escrow Service to make sure your property transaction goes smoothly and safely.

Escrow Service

Escrow Service is like a safety net for property deals. It's an agreement involving three parties, with the banks making sure all the paperwork is correct and the deal is done properly. 

Escrow Service Includes:

Tender guarantee;
Guarantee of contract performance;
Advance payment guarantee;
Guarantee of payment;
Auction guarantee;
Guarantee of tax obligations;
Quality/defects assurance guarantee.

Account opening details
Service Fee 0.2% (minimum GEL 100)
Currency GEL

Frequently Asked Questions

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What Is Escrow Service?

It's a simple way to make sure your property deal is safe and secure. 

How Does Escrow Service Work?

The money from the sale is held by the bank until everything in the deal is compled, then it's released to the rightful person. 

Who Can Use Escrow Service?

Anyone buying or sellin property, whether you're an individual or a company, can use Escrow Service to keep things safe.

SMS Signature

SMS Signature

SMS code instead of signature – save time and take care of the environment.

Conversion Structure

Conversion Structure

Conversion for a card transaction.

3D Secure

3D Secure

Secure online card payments.

Remote Services

Remote Services

Use Terabank services without leaving your home.

Onboarding

Onboarding

Become a Terabank's customer with an online registration.

Escrow Service

Escrow Service

Take advantage of Escrow Services and protect yourself from unnecessary risks.

Tera Points

Tera Points

Join the loyalty program and collect Tera Points.

Payroll Program

Payroll Program

Receive special benefits when your salary is deposited into your Terabank account.

Card Delivery Service

Card Delivery Service

Get a plastic card from the comfort of your home.

Currency Exchange

Currency Exchange

Convert money at the best rate.

Open Banking

Open Banking

Get a complete view of all your accounts.

Apple Pay

Apple Pay

Add your card to Apple Wallet and pay with just a tap.

Got more questions?

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