Benefits to clients
Professional Stewardship
Handle escrow assets or funds and ensure that all conditions required in the agreement are met.
Custodianship
Safekeeping and preservation of funds and/or documents; professional and prudent investment of funds if applicable.
Security
Protection of the parties' interests while ensuring compliance with certain contractual obligations.
The service is for the following clients
Individuals or corporations engaged in the purchase or sale of properties
Investors/businessmen involved in the buying and selling of shares of stocks of corporations
Real estate brokers
Documentary Requirements
IF THE PARTY IS A CORPORATION:Â
- Notarized Secretary's Certificate on the Board Resolution authorizing the corporation to: a) enter into an Escrow Agreement with the other party and BDO Trust and Investments Group; and b) designating the authorized signatories
- Copy of Certificate of Filing of Articles of Incorporation and By-laws issued by the Securities and Exchange Commission with the Articles and By-laws annexed certified true by SEC or the Corporation's Corporate Secretary
- List of the directors/officers and list of stockholders holding more than 2% stockholdings
- Two (2) Specimen Signature Cards and Customer Account Records duly signed/accomplished by the authorized signatory/ies of the Corporation (to be provided by BDO Trust) duly authenticated by the Corporation's Corporate Secretary;
- Photocopies of two (2) valid identification cards from the authorized signatory/ies.
ADDITIONAL REQUIREMENT
A copy of the Memorandum of Agreement, Contract to Sell or other principal document executed by the parties prior to the execution of the Escrow Agreement (i.e. Contract to Sell for sale/purchase of property, MOA for sale/purchase of stocks etc.)
IF THE PARTY ISÂ AN INDIVIDUAL:Â
- Two (2) Specimen Signature Cards/Customer Account Records (to be provided by BDO Trust) duly signed/accomplished by the party;
- Photocopies: Picture and signature pages of acceptable identification cards (passport, driver's license, SSS, TIN etc.).
ADDITIONAL REQUIREMENT
A copy of the Memorandum of Agreement, Contract to Sell or other principal document executed by the parties prior to the execution of the Escrow Agreement (i.e. Contract to Sell for sale/purchase of property, MOA for sale/purchase of stocks etc.)
Disclosures
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Trust, Investment Management, Agency and Fiduciary accounts are not deposit accounts but are products of trust entities. In agreeing to invest in said products, an investor is making an investment and not a deposit and such investment is therefore not insured nor governed by the Philippine Deposit Insurance Corporation (PDIC). BDO’s Trust, Investment Management, Agency and Fiduciary accounts are also not guaranteed nor insured by BDO Unibank, Inc., its affiliates or subsidiaries. Any income/loss in such investments are for the account of the investor. BDO-Trust is not liable for losses unless there is wilful default, bad faith or gross negligence on its part.
BDO Unibank, Inc. is regulated by the Bangko Sentral ng Pilipinas (https://www.bsp.gov.ph).
For inquiries or concerns, please call BDO Contact Center at (02) 8631-8000 or email trustcustomercare@bdo.com.ph for trust and investment products or services.
The BDO, BDO Unibank and other BDO-related trademarks are owned by BDO Unibank, Inc.
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Contact us
BDO Towers Valero
8741 Paseo De Roxas Makati City 1226 Philippines
BDO Trust and Investments Group
This channel is dedicated to handling inquiries and concerns related to the following:
- Unit Investment Trust Funds (UITFs)
- Easy Investment Plan (EIP)
- Personal Equity and Retirement Account (PERA)
- Investment Management/Trust Accounts (IMA/TA)
- Trust Invest OnlineÂ
