Stratos, the first escrow service in El Salvador: Security and Trust for your transaction

If you need to sell or buy property in El Salvador, you need the support of an impartial and experienced escrow agent.

With Stratos Escrow, your funds will be protected until all the conditions stipulated in the escrow agreement, agreed upon by all parties involved in the transaction, are met.

Why Stratos?

  • 13 years of experience in real estate transactions
  • Security & transparency in transactions real estate
  • Funds released only when the agreed conditions are met (including payments to lawyers & real estate agents)
  • Fraud protection
  • Accounts in the United States & El Salvador

How the process works

1

Stratos sends a list of requirements and KYC (Know Your Customer)

The application is received formally with the details of the property and the negotiation agreements between the seller and the buyer. The parties sign a purchase option agreement.
2

Preparation of escrow contract based on the PSA (promise of sale)

Once the offer is accepted, the buyer begins the due diligence process. This involves inspections and reviews of documents that Stratos will request for the financial transaction.
3

Compliance Department Approval

The escrow contract is signed for the opening of the account with Stratos, where the funds will be held securely until the closing of the transaction.
Image
4

Sending transfer instructions for the transfer of funds

Stratos coordinates with the bank the approval and nationalization of the funds to the escrow account, ensuring regulatory compliance in the market.
5

Once the funds are credited to the Escrow account, the receipt is sent to the parties

Upon receiving the funds, Stratos will notify its receipt and, once the agreements defined between buyer and seller are fulfilled, will release the funds.
6

Close once the transfer deed has been signed

Funds held in escrow are released in accordance with the release letters signed by the parties.

Our trajectory

  • 13+ years of experience in escrow services in Costa Rica & El Salvador.
  • More than $2 billion held in escrow.
  • Full compliance with AML and UIF regulations in El Salvador.

Protect your investment now with Stratos' escrow service