Alphabetical Glossary

E

A run-down of all of the relevant glossary terms beginning with "E"...

Enhanced Due Diligence (EDD)

EDD is a higher level of scrutiny applied in situations presenting increased risk, such as dealings with Politically Exposed Persons (PEPs) or clients from high-risk jurisdictions.

Escrow

Read more about the meaning of "Escrow" and how it can add transparency, security and trust in high-value, complex or long-term transactions.

Escrow Agent

Read more about the meaning of an "Escrow Agent" and how they are increasingly used in complex, high-value or long-duration transactions. Secure, FCA-regulated service with Bank of England deposits.

Estate Administration

Find out what estate administration involves in the UK, who is responsible, and the key steps for managing and distributing a deceased person’s assets.

Estate Administrator

Explore the role of an estate administrator in the UK - what they do, when they are appointed, and how they differ from executors.

Executor

Discover the legal role of an executor in the UK, their responsibilities in managing a will and estate, and what steps they must follow.

Executor Account

Discover what an executor account is, how it supports estate administration in the UK, and why it's crucial for executors and legal professionals.

dospay Escrow & Payments

Articles

Information, guides and blogs about specialist escrow and third-party managed payment services.

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Divorce Escrow: Holding funds during the sale of matrimonial assets

Private Client & Family Office

Escrow

Divorce Escrow: Holding funds during the sale of matrimonial assets

Professional escrow services provide an impartial solution for holding sale proceeds during divorce proceedings, avoiding issues with solicitors’ client accounts and SRA rules.

Negotiating Procurement Fees for FF&E

Third-Party Managed Accounts

Negotiating Procurement Fees for FF&E

Structuring FF&E procurement fees for high-value design projects to improve transparency, track budgets, and reduce risk effectively.

Why Lenders Prefer Project Bank Accounts in Construction Finance

Third-Party Managed Accounts

Why Lenders Prefer Project Bank Accounts in Construction Finance

Lenders increasingly prefer project bank accounts in construction finance due to enhanced control, transparency, and reduced credit risk.

How Do I Find a (UK) Escrow Agent/Service?

Bespoke Projects

Escrow

How Do I Find a (UK) Escrow Agent/Service?

We explain the key differences between the various escrow services available in the UK.

Why choose a digital Project Bank Account?

Third-Party Managed Accounts

Why choose a digital Project Bank Account?

"Digital Project Bank Accounts" are having their day. We delve beneath the software wrappers to have a look.

Construction Escrow: A Contractor's Guide

Escrow

Construction Escrow: A Contractor's Guide

We explore the benefits and opportunities of construction escrow, and how to 'sell' the concept to the client.