Escrow account is a type of account that to facilitate real estate investment such purposes as home or land purchase. According to your instructions and designated purpose for the account, we will provide safe and reliable fund escrow and transfer services.
CURRENCY : | Interest rate |
RIEL : | 0% |
USD | 0% |
Special Features
- Minimum opening balance: USD 10 or KHR 40,000
- Customer Account Information Card
For companies or institutions:
- Original and latest Memorandum and Articles of Association (M&A), Certificate of Commercial Registration
- Patent, Value Added Tax-VAT Certificate, Tax Payment Receipt, Tax Return with a tax identification letter.
- Original Board of Directors Resolution.
- Original and valid National ID or Passport of all Shareholders and Directors.
- Business License.
Note:
- Free 1 account statement per month and KHR8,000 / USD2 per subsequence request.
- Early Closure Fee of KHR 40,000 / USD 10 for account closed within 6 months after opening date.
- Withholding Tax: 4% for Resident and 14% for Non-resident.