Escrow services

Manage risk and provide peace of mind to all parties.

You may need to establish an escrow arrangement if you and another party need certain property to be held by a third party (the “escrow agent”) until certain conditions are agreed upon. Property may be cash, insurance policies, securities, powers of attorney, licenses or real estate. The goal of an escrow arrangement is to reduce the risk for all parties involved in the transaction and ensure that financial or other obligations are met.

How We Can Help

An escrow arrangement is a business solution that manages risk and provides peace of mind to all parties. RBC Royal Trust¹ can act as an escrow agent for individuals or corporations that require an escrow arrangement. As a corporate entity, we can provide:

• Impartiality and objectivity—we will adhere to the terms of the escrow agreement, help to protect the interests of all parties involved
• Continuity—as a corporation, we are not subject to illness or death
• Custody services for specific property placed in escrow
• Access to established processes and internal systems, providing accurate accounting and investment statements
• Administrative assistance to ease the workload of involved parties
• An experienced trust officer assigned to your account
• Investment services where applicable—such as investing cash or providing competitive interest rates on balances
• Tax support when needed

1) Please note our legal entity, Royal Trust Corporation of Canada or The Royal Trust Company (in Quebec) can act as an escrow agent for individuals or corporations that require an escrow arrangement.