Trust Receipt (TR) is a common financing provided by the issuing bank or financial institution to the bank’s customer (importer). It is served a short term financing given to the buyer (importer) for payment of goods purchased against letter of credit issued by the bank.
Trust Receipt (TR)
Product Features and Conditions
Currency
USD / KHR / THB / RMB
Period
Up to 12 months
Acceptable Collateral
Fixed Deposit
Accept all types of real estate soft/ hard title within 25 provinces & cities in Cambodia
Accept third parties (Corporate or Bank Guarantees)
Benefits
Fast approval process
Free of charge on property evaluation
Free of charge on legal fee
Free of charge on CBC checking
Able to access transaction banking with more than 60 branches nationwide and can perform Mobile Banking and Internet Banking