Escrow Service

Our Escrow Service acts as a trusted, neutral third party to secure your transaction. We hold the funds safely and only release them once all the terms of the agreement between the buyer and seller have been met. Whether for real estate purchases or large business deals, we protect your interests and ensure a fair exchange.

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ConditionsDescription 
CurrencyUSDKHR
Customer typeBuying and selling real estate.
Transaction typeHave at least one savings or current account with a bank. 
Withholding Tax on Interest4% for Resident / 14% for Non-resident 
Account TypeCurrent Account 
ESCROW fee0.05% of the escrow account balance, with a minimum of $200 

Benefits

  • Protects both the buyer and seller from fraud or non-payment. The seller knows the funds are available, and the buyer knows the goods/title will be transferred before payment is released.
  • As a bank, we act as an unbiased middleman, ensuring that the terms agreed upon in the contract are strictly followed.
  • Funds are held in a secure bank account, eliminating the risk of carrying cash or transferring money before the deal is finalized.
  • Reduces the stress of complex transactions by providing a clear, structured, and guaranteed payment process.

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
    • Cambodian:
      • Valid National Identification Card (NID)/Valid Passport
    • Foreigner:
      • Original and valid passport with a valid visa
      • Proof of residence in Cambodia if an individual is physically present in Cambodia for more than 182 days during the calendar year
    • Attached Resident Status:
      • Employment Letter (No longer than 6 months from signing date) / Valid Employment Contract or
      • Valid foreign work permit, valid rental agreement, or
      • Valid patent / Company Extract/Business Permission indicate customer's name on it.

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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