Changes to the Rules for Opening, Maintaining and Closing Escrow Accounts at mBank
On 20 August 2026, we are amending the Rules for Opening, Maintaining and Closing Escrow Accounts.
The changes to the Rules are as follows:
we have added rules for processing automated settlements on escrow accounts. These rules apply to agreements that provide for this functionality (§ 20a–20c),
we have clarified when we may restrict a client’s access to funds held in an escrow account. We may do so if a competent authority attaches a receivable or issues a relevant decision or order (§ 21),
we have added rules for establishing assignments of receivables and pledges over escrow accounts (§ 24),
we have expanded the scope of identification data. We have added the country of birth (§ 27).
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