Business

Trust Receipt

The Trust Receipt is a short term financing facility to support settlement under the letter of credit for the purchase of customer’s import. It is to be repaid monthly interest (not over three months) by the borrower on the maturity date or when the goods have been sold whichever is earlier.
Trust Receipt

About our Trust Receipt Service

  • Short-term financing facility provided to the buyer (importer) is to fund the settlement of their import under the LC.

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Conditions

Trust Receipt

Credit Limit

·          Any limit

Credit line

·          Up to 12 months

Currency

·          USD / KHR / THB / RMB

Collateral

·          Fixed Deposit

·          Accept for all type of real estate  soft / hard title within 25 cities  &  provinces in Cambodia

·          Accept third party

·          LTV up to 80%

Other benefit

·          Fast approval process

·          No properties evaluation fee charge

·          No Legal fee charge

·          No processing fee charge

·          No CBC fee charge

·          Fast transaction banking with 60  branches in Cambodia