Escrow Account

Product Snapshot

Account to hold your funds and disburse payments on behalf of your contracted parties

About Escrow Account

Open an Escrow Account with CIMB acting as the escrow agent to help hold funds and disburse payments on behalf of contracted parties, subjected to terms and conditions in accordance with the Escrow Agreement and Board Resolution.

Description

Account to hold your funds and disburse payments on behalf of your contracted parties.

At the Bank's discretion, new account opening may be subjected to an initial minimum deposit requirement.

Important Notices & Disclaimer

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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ESCROW ACCOUNT

Product Snapshot

Features & Benefits

Features & Benefits

About Escrow Account

Description

Promotion

Need to send money Malaysia for your business?