Arranging Project Financing
Credit financing facilities for large-scale projects.
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We provide Escrow Services for Software and for identified transactions (eg: purchase of businesses/land) at Commercial Bank.
We provide Escrow Services for Software at Commercial Bank.
Software Escrow Services provide a benefit to both the software user and the vendor. Software vendors and users can now employ services of the Bank as the neutral third party to hold the source codes in safe custody.
Software Escrow Services, which is a globally accepted practice, to balance requirements of software vendors with the needs of software users, is now available through Commercial Bank.
The software user will have the comfort that in an instance in which the vendor is unable to fulfil the conditions of the maintenance agreement, that they will have access to the source code, ensuring the safety of the user’s investment and unhindered execution of the maintenance of the software. The vendor will have the comfort that the source code will be maintained by a third party, unrelated to the maintenance agreement.
The software user will have the comfort that in an instance in which the vendor is unable to fulfil the conditions of the maintenance agreement, that they will have access to the source code,
Ensuring the safety of the user’s investment and unhindered execution of the maintenance of the software.
The vendor will have the comfort that the source code will be maintained by a third party, unrelated to the maintenance agreement.
For further information please contact the Bank’s Corporate Banking Unit on below contact numbers.
Tel : +94 11 2 486 494
Tel : +94 11 2 486 496
Tel : +94 11 2 486 493
Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.
Please feel free to use our Product Enquiry Form. Our representatives will get in touch.
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