Escrow Account
Banque Saudi Fransi provides an Escrow account for Real Estate Developer to meet Off-plan sales and rent organization ( WAFI ) and Saudi Monetary Agency (SAMA) requirements and procedures, also we offer certain services such as and not limited to:
- Online Platform ( Fransi Off-Plan Project) 24H/7D, to facilitate Buyers registration, reporting and reconciliation.
- Open & Operate 5 Sub accounts for each project ( Marketing , Construction, Retention, Incentive MOH and Developer account) with specified fund distribution mechanism.
- Competitive terms and Fees.
- High level of security for buyers and sellers interest.
- Monthly Electronic Report and Statement will be send to WAFI, Developer, Accountant and Architect .
- A dedicated Expert Relationship Manager to manage the Escrow account.
- Available for all Real Estate Developers
For more information, don’t hesitate to contact us via email Email: FransiOffPlanSales@Alfransi.com.sa
