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

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