The real estate escrow account is an account opened by the escrow party at Techcombank (TCB) to transfer funds to the Developer or the transferee after completing the agreed conditions.
Specialized financial management helps ensure transactions are safe, follow the correct process, and are transparent.
Techcombank commits to releasing the account only when the payment conditions are met according to the agreement between the relevant parties.
Outstanding features
Supports a variety of currencies for flexible transactions according to business needs.
Option to deposit escrow with a fixed term or without a fixed term, suitable for each type of transaction.
Clear payment purposes, ensuring transparency in real estate transactions.
The escrow funds will be managed according to the agreement between the parties, only released when the conditions are met.
Businesses can track accounts online through Techcombank's e-Banking system.
