Escrow Service

SBI Bank (Cambodia) acts as a neutral third-party intermediary to hold funds securely during business transactions, such as real estate sales. Our Escrow Service ensures that payments are only released when all agreed-upon conditions between the buyer and seller are fully met, minimizing risk for both parties.

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ConditionsDescription 
CurrencyUSDKHR
Customer typeIndividual/legal entity​
Transaction typeReal Estate Transactions 
Account TypeCurrent Account 
Withholding Tax on Interest4% for Resident / 14% for Non-Resident 
ESCROW fee0.05% of the escrow account balance, with a minimum of $200 

Benefits

  • Protects both buyer and seller by ensuring funds are held securely until all contractual obligations are met.
  • SBI Bank (Cambodia) acts as a professional, unbiased partner to facilitate smooth transaction settlements.
  • Enhances confidence between business partners, especially in high-value deals or international trade.
  • Escrow terms can be tailored to meet the specific requirements of your business project or transaction.
  • Provides a clear and structured payment process, preventing disputes and delays in business closures.

How to Open an Account

  • Start your banking journey with us today. Opening an account is quick, simple, and convenient. You can get started through any of the following:
    • Visit our nearest branch to speak with our staff directly.
    • Call our Call Center for guidance and support via Facebook or call: 023 980 888 / 093 671 111
    • Simply fill out the application.
  • Required Documents
    • Certificate of Incorporation
    • Memorandum and Article of Association (MoA)
    • Business license
    • Valid Patent with Tax Identification Number (TIN), or, instead of the Patent, a Patent Receipt
    • Board Resolution to open an account
    • Company Extract
    • Valid IDs/Passport(s) of shareholders, ultimate beneficial owner, Board of Directors, Authorized Signatories - Obtain Original and make a copy with Certified True Copy by Bank Staff with signature

Terms and Conditions

Terms and conditions are subject to change at the discretion of the Bank without prior notice to the Customer.

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