Escrow account

Why should I have an escrow account?

As an escrow we represent the contractual arrangement as a third party that will receive and disburse money for our primary transacting parties. Our escrow account is an account set up for both surrogate and intended parents.This has been set up by our company to receive advance payment from the intented parents to protect our surrogate mothers during the surrogacy process (Pregnancy & the baby delivery).This account will include payment for the surrogate mother clinic expenses and part of her payment for the surrogacy. Attoney´s payment for the elaboration of legal contract between the surrogate mother and the intended parents are excluded on that deposit. Intended parents have the right to check and ask at any time for a copy of their account balance, as well the payment receipt of all expenses made for the surrogate mother.This can be requested monthly every time our company will receive the bank account balance.

How much will I deposit for my escrow account?

The deposit amount will depend on the country where the intended parents decide to have their surrogate mother. Let´s say the surrogate mother is living in the United States, if both parties agree through a legal contract for the surrogacy to be $100.000 dollars, 80% of that amount should be deposit in our company bank account, the remaining shall be paid after the baby delivery.

NOTE:Bank account number will reflect in the legal contract between our company, the surrogate mother and the intended parents.

 

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