X-patrio & ECO-Escrow.

A strong partnership

  • Secured money transfers
  • Instant digital confirmations
  • All currencies available
Rechtsanwalt M. Eric Neuendorff

ECO-Escrow
Secured international money transfer since 2002

Welcome to ECO-Escrow, the international German-based Escrow service of the Neuendorff Law Office.

With over 15 years of international experience and expertise, we have also grown to be one of the leading European providers of Escrow Services and Secure Payment Management.

We cooperate with several banks to deliver financial stability and a proven history of international banking.

Our Escrow Service is the simplest and most efficient way to secure your payments. At the same time, our services run on state-of-the art technology and will guarantee best pricing.

Based on this competence, ECO Escrow has teamed up with your X-Patrio Service to ensure maximum security and reliability for your Blocked Account.

Our Escrow service was therefore approved by the German Federal Foreign Office (Auswärtiges Amt der Bundesrepublik Deutschland) fulfilling all requirements needed for your Visa application in Germany.

Our service is at your service!

Please contact us anytime for further information.

Yours sincerely,

Eric Neuendorff

[email protected]
+49 (0) 30 / 959 990 770
X-patrio contact sheet

Attorny Eric M. Neuendorff is member of the Frankfurt General Council of the Bar and can be found in the search of the Federal Law Society with the beA SAFE-ID: DE.BRAK.d95d308e-4cea-43a2-946d-bc7b18d68d09.1805

Opening a Blocked Account with X-patrio and ECO-Escrow was reliable, cheap, fast and super convenient.

Joseph, Argentina

Q&A

ECO-Escrow is part of the German law firm Eric Neuendroff. The German name of ECO-Escrow is ECO-Treuhand. Treuhand is German and translates to Escrow in English. Besides its daily business of being performing law services as a lawyer, the Eric Neuendorff law firm offers escrow services (like providing and maintaining Escrow Accounts and Blocked Accounts). Attorny Eric Neuendorff is member of the Frankfurt General Council of the Bar and can be found in the search of the Federal Law Society with the beA SAFE-ID: DE.BRAK.d95d308e-4cea-43a2-946d-bc7b18d68d09.1805. With over 15 years of international experience and expertise, ECO-Treuhand has grown to be one of the leading European providers of Escrow Services and Secure Payment Management. An Escrow transaction is the simplest and most efficient way to secure payments between two parties involved. At the same time, ECO-Escrow's services run on state-of-the art technology and will guarantee best pricing. Based on this competence, ECO-Escrow has teamed up with your X-Patrio Service to ensure maximum security and reliability for Blocked Accounts. X-patrio and ECO-Escrow's service was therefore approved by the German Federal Foreign Office (Auswärtiges Amt der Bundesrepublik Deutschland) fulfilling all requirements needed for Blocked Accounts for the Visa application in Germany.
An Escrow Account is a special bank account in which money is held in someone’s own name (Expat) but for a third party beneficiary (Federal Republic of Germany) during the process of a transaction between the two parties. The funds or assets are held by the Escrow Agent (ECO-Escrow, Neuendorff law office) and managed by the Servicer (X-patrio), both with fiduciary obligations and responsibility, until official instructions are made (e.g. evidence of entering or leaving Germany). An Escrow Account with X-patrio and ECO-Escrow is utmost secure as it is protected by the § 47 Insolvenzordnung (Insolvency Act) and the Einlagensicherungsgesetz (Deposit Guarantee Scheme).
An Escrow Account is safe, because it is maintained by an officially approved escrow agent, being the German law office Eric Neuendorff. Moreover, the X-patrio Blocked Account (which is an Escrow Account in its core) is a government licensed service. In addition, your deposit is covered by a statutory Deposit Guarantee Scheme and a contractual Deposit Guarantee Scheme. If insolvency of your credit institution should occur, your deposits would in any case be repaid up to EUR100.000.
When moving to Germany, you will likely be asked to open a Blocked Account if you are coming from a non-European country. In order to live in Germany, you need a valid visa which can only be issued together with the proof that you are able to pay for your own living costs in Germany. For this, many Internationals open a Blocked Account in which you have to deposit a dedicated amount of money specified by the German Federal Foreign Office. X-patrio, in partnership with ECO-Escrow, offers a fast, cheap, secure and paperless sign-up process to apply for and run a Blocked Account.
X-patrio is the first digital end-to-end relocation platform for students, expatriates and anyone moving to Germany. By combining a unique individual assessment with possible direct contract conclusion for all necessary products and services, the platform eliminates the prevalent pain throughout the relocation value chain. X-patrio facilitates superior user experience by putting design first and enables the user to take care of relocation preparation prior to arriving in Germany. In addition, an extensive “relocation wiki” and an inbuilt relocation calculator will secure a transparent information and application process. X-patrio together with ECO-Escrow developed an unprecedented way of opening and running a Blocked Account that is officially approved by the German Federal Foreign Office.

The Blocked Account

When moving to Germany, you will likely be asked to open a Blocked Account if you are coming from a non-European country. In order to live in Germany, you need a valid visa which can only be issued together with the proof that you are able to pay for your own living costs in Germany. For this, many Internationals open a Blocked Account in which you have to deposit a dedicated amount of money specified by the German Federal Foreign Office. X-patrio, in partnership with ECO-Escrow, offers a cheap, secure, easy and paperless sign-up process to apply for and run a Blocked Account.

Secure Escrow Services

An Escrow Account is a special bank account in which money is held in someone’s own name (Expat) but for a third party beneficiary (Federal Republic of Germany) during the process of a transaction between the two parties. The funds or assets are held by the Escrow Agent (ECO-Escrow, Neuendorff lawoffice) and managed by the Servicer (X-patrio), both with fiduciary obligations and responsibility, until official instructions are made (e.g. evidence of entering or leaving Germany). An Escrow Account with X-patrio and ECO-Escrow is utmost secure as it is protected by the § 47 Insolvenzordnung (Insolvency Act) and the Einlagensicherungsgesetz (Deposit Guarantee Scheme).