Escrow account – is an arrangement made under contractual provisions between transacting parties, whereby an independent trusted third party (usually a bank) receives and disburses money or documents for the transacting parties, with the timing of such disbursement by the third party dependent on the fulfilment of contractually-agreed conditions by the transacting parties. It is commonly used to support sale/purchase transactions, such as the purchase of a real estate, reducing the risk between the parties to the minimum, and providing a mechanism which ensures trust and confidence.
Gangaramaya temple is not only a temple - it is about 150 years old and almost all of its area is littered with museum artifacts and older and somewhat random gifts like wrist watches, money, and artwork.
First setup by Venerable Hikkaduwe Sri Sumangala, it has gotten some flack for wanting to become both a Buddhist temple and a tourist attraction, however we all believe that it has got an extremely distinctive charm of its own.
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Escrow account – is an arrangement made under contractual provisions between transacting parties, whereby an independent trusted third party (usually a bank) receives and disburses money or documents for the transacting parties, with the timing of such disbursement by the third party dependent on the fulfilment of contractually-agreed conditions by the transacting parties. It is commonly used to support sale/purchase transactions, such as the purchase of a real estate, reducing the risk between the parties to the minimum, and providing a mechanism which ensures trust and confidence.
Gangaramaya temple is not only a temple - it is about 150 years old and almost all of its area is littered with museum artifacts and older and somewhat random gifts like wrist watches, money, and artwork.
First setup by Venerable Hikkaduwe Sri Sumangala, it has gotten some flack for wanting to become both a Buddhist temple and a tourist attraction, however we all believe that it has got an extremely distinctive charm of its own.
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