• Accounts

    Escrow account

    Fast procedure - Secure - Optimal cost

Solution Information

Solution Information

General Information

  • Vietcombank provides the service of opening, utilizing and managing payment accounts to ensure the obligations and interests of the customer in basic contracts.
  • The fund in the account is temporarily locked, managed, temporarily terminated, and transferred by VCB according to a 3-party agreement including the Bank, the financial obligor, and the financial beneficiary.
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Benefits

  • Ensure the rights and obligations for all parties when executing the contract
  • Earn interest on deposits in temporarily locked accounts.
  • Minimise the risk of partners violating commitments during transactions
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Contact

Financial Institutions Group

9th Floor, Vietcombank Tower, No. 198 Tran Quang Khai Str., Hoan Kiem Dist. Ha Noi

+84-24-39343137 (Extension number: 0920)

+84-24-38265548

financial.institutions.group@vietcombank.com.vn

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