Glossary entry (derived from question below)
Swedish term or phrase:
Skriftligt förvarande
English translation:
Written escrow agreement; (UK banking) Memorandum of Deposit
Swedish term
Skriftligt förvarande
Any ideas?
3 | Written escrow agreement; (UK banking) Memorandum of Deposit | Adrian MM. |
4 -1 | Written deposit/Deposit in writing | Sam Habach |
Jul 22, 2022 14:21: Adrian MM. Created KOG entry
Proposed translations
Written escrow agreement; (UK banking) Memorandum of Deposit
Compare a written custodianship agreement and bailment of goods.
An escrow account for money - rather than deeds and docs. in UK conveyancing - is called a stakeholder a/c.
Memorandum of Deposit means the Memorandum of Deposit to be executed and delivered by the Client to the Company in respect of the Securities and cash deposited by the Client with the Company in such form as the Company may prescribe from time to time.
Under the Custodianship Agreement, Citibank, N.A. shall be responsible for the safekeeping of appropriate monies and securities of the Fund as Custodian.
http://www.lawinsider.com/dictionary/custodianship-agreement
http://www.stimmel-law.com/en/articles/basics-law-and-practice-escrow
Written deposit/Deposit in writing
Written deposit for your investment in XXX.
Discussion