KB PRASAC银行获批托管服务牌照 房产交易资金更安全

[来源: CIR] [分类提示: NEWS] 标题: KB PRASAC Bank Receives License from the Trust Regulator for Providing Retention or Escrow Service Cambodia Investment Review KB PRASAC Bank Plc., a leading commercial bank dedicated to providing seamless everyday financial solutions, has officially received its retention and escrow services license from the Trust Regulator (TR) of Cambodia. The license was granted following the bank’s full compliance with the strict requirements outlined under Cambodia’s Trust Laws and regulations. KB PRASAC Bank is going to officially launch “Retention or Escrow Services” soon. Through these newly authorized escrow and safeguard operations, KB PRASAC Bank aims to directly eliminate major transaction anxieties for both buyers and sellers in the Kingdom. The service addresses long-standing market concerns, protecting real estate buyers from title deed fraud while simultaneously safeguarding sellers against payment defaults. Operating under this legal framework, KB PRASAC Bank will act as a neutral third-party custodian. The bank will securely hold a buyer’s funds and only disburse them to the seller once all predetermined conditions in the Sale and Purchase Agreement (SPA) have been independently verified. As Cambodia accelerates its integration into global financial systems, KB PRASAC Bank is poised to build highly accessible escrow solutions and expand its corporate desk capabilities. This strategic rollout aims to position the bank’s escrow services as the definitive standard for secon