Escrow Accounts

Hero

CheckSig Clear offers a secure, transparent, and compliant escrow service designed to protect digital assets used as collateral in crypto lending or other pledge-based agreements. While not authorized to provide credit, the platform acts as an impartial custodian, safeguarding assets throughout the entire transaction lifecycle.

How the Escrow Service Works

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In connection with crypto-backed loans, CheckSig does not act as a lender, promoter, intermediary, agent, or finder. CheckSig does not offer financial advice or solicit, arrange, or facilitate lending transactions.

CheckSig’s sole function in such arrangements is to serve as a neutral escrow agent, holding digital assets in custody and carrying out instructions solely as directed by the lender and the borrower. Although CheckSig is contractually bound to act in accordance with the terms of the loan agreement, it does not participate in the negotiation or determination of any loan terms—including, without limitation, the loan amount, interest rate, duration, or collateral requirements—all of which are independently agreed upon by the contracting parties.

Designed for Financial Institutions

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