Norsk Tillitsmann offers a range of escrow services in connection with transactions between two parties by holding in escrow for example transaction documents, bank accounts, securities and security documents.
Norsk Tillitsmann can hold security for financial claims on behalf of one or more creditors. This provides foreign creditors with a Norwegian representative for security established in Norway and Norwegian creditors with administration of securities domestically and abroad.
Norsk Tillitsmann can act as a payment agent in cases where a settlement is to be distributed to several parties, either as consecutive instalments or as a one-off amount.
Norsk Tillitsmann offers independent calculation for transactions where the amounts are to be based on underlying factors such as interest rates, indices or similar. In addition, Norsk Tillitsmann offers auditing of already completed calculation agreements where the acting calculation agent is also a party to the transaction.