The committee member from the Owner’s Corporation is the one who take the responsibility to manage the funds of such building in some cases. There may have a risk of dishonesty to face, resulting in the loss of funds and benefits to various owners and stakeholders. In encountering with different risks, the corporation should consider appointing a professional and trustworthy maintenance fund custodian.
Bank of Communications Trustee Limited can assist incorporations in different Tenants Purchase Scheme Estates to establish and manage maintenance funds and various related services, including:
■ Assist the Owner’s Corporation to open a bank account
■ Take appointment in opening account or signature authorization changing arrangement
■ Custody services for estate maintenance funds
Why Bank of Communications Trustee Limited
■ Wholly-owned subsidiary of Bank of Communications Co., Ltd. with strong background and sound credibility
■ Professional team with extensive trust experience, serving our clients for over 40 years
■ Strong understanding of different client cultural background, provide tailor-made solutions
■ Independent from the group’s bank service, focus on providing pure trustee services