Elemental | Regulated UK Escrow Agent Services

We provide a professional, bespoke and fully regulated escrow agent service. Our regulation and our expertise means that we can tailor the escrow service to a variety of transactions. Set out below are some of the more common uses.

Corporate Transactions, including Warranty and Indemnification Escrow	The Escrow Assets are held to cover unforeseen costs or damages protected by a warranty or indemnity, often as part of an M&A transaction. Please see our M&A Escrow Guide for further on the use of escrow arrangements in corporate transactions.
Performance Escrow or Project Accounts	The Escrow Assets are held subject to the fulfilment of certain pre-conditions, generally the performance by one party under a separate agreement. For example under a construction contract or other long term commercial contract.
Capital Fund Raising	An Escrow Account is often utilised in commercial fundraising, where investors can deposit the funds with a trusted third party to be held until the investment has reached the relevant threshold. At this point all investor funds will be released for the use of the investment.
Payment Processing	The Escrow Funds are held subject to pre-determined payment instructions, which can be used to fulfil a variety of commercial requirements such as payroll and supplier payments.
MedCo Escrow	A tailored Escrow Arrangement designed specifically for Medical Reporting Organisations to meet the requirements of MedCo.
Party Wall	A tailored Escrow Arrangement designed specifically for holding Security for Expenses under the Party Wall etc Act 1996

If you would like more information or you would like a quote, please just contact us.

1. Fully Regulated Escrow Agent

Elemental CoSec Limited is regulated by the Financial Conduct Authority (FCA) (Ref 806870) as an Authorised Payment Institution, with no financial limit. We are also regulated by HM Revenue & Customs (HMRC) for the provision of these services, so you can remain confident that the services will be fully compliant and your funds protected.

2. Segregated and Secure Funds

Elemental complies with the FCA’s safeguarding requirements and your funds will be held within a client account with a secure UK bank. As a result, your funds will be fully protected in the event of our insolvency.

3. Knowledge

Our service is provided by experienced lawyers and accountants with extensive experience of handling corporate and commercial transactions themselves. They can apply this knowledge to ensure that the escrow service is fully tailored to your needs.

4. Speed

It is not uncommon for an escrow account to be needed at relatively short notice and we will be on hand to ensure that it does not delay matters. The account can generally be opened in a matter of days, subject to receipt of all required Know Your Client (KYC). We use a standardised form to speed up the process further.

5. Flexibility

We have standard escrow agreements that can be used in their entirety or as a starting point for a more tailored option. We are also always open to tailoring the arrangements to your specific needs or starting from an agreement produced by your lawyers.

6. Independent

We are truly independent of any bank, law firm, accountancy firm or other financial institution. We are therefore free of conflicts of interest and able to act independently of the parties as an escrow agent.