Securus Escrow, approved by HSBC, closes first deal
Securus Escrow, the new European escrow account company, has been approved by HSBC and has also completed its first transaction.
Securus Escrow, the new European escrow account company, has been approved by HSBC and has also completed its first transaction.
“We recently completed a $15 million deal for a Gulfstream IV, which is registered in the Isle of Man, that involved the USA, Canada and UK and with this approval the clients experienced a quick and efficient service,” said Geoff Gates, managing director of Securus.
Andrew Hoy, Managing Director of ExecuJet Aircraft Trading, who was brokering the deal said: “Securus Escrow offered a seamless and efficient service which resulted in the deal completing in a timely and well organised manner.”
The company has also been established as a UK process agent. This means that Securus can now accept legal documents on behalf of a client.
Gates says that the company is close to completing another six transactions and hopes to close 40 deals within its first year.
