Escrow Account

Banque Saudi Fransi provides Escrow account management services for Real Estate Developers to meet Off-Plan Sales or Rent committee (WAFI) and Saudi Central Bank (SAMA) requirements and procedures.

Benefits and features

Open & Operate Sub accounts for each project (Marketing, Construction, Retention)
Competitive Fees to manage the escrow account.
A monthly and Quarterly Report and Statement will be sent to WAFI, Developer, Accountant and Engineering Consultant.