Do you want to feel good and secure? Come to Prince Bank to find out how.
If you work hard and are smart with your money, you deserve a bank account that rewards you for it. Prince Savings is the account that helps you succeed by making your money work harder.
Why Open a Prince Savings Account?
- Earn a high interest rate.
- Unlimited Cash Deposit/Withdrawal Amount
- Free Account Maintenance Fee
- Free Passbook
- Free ATM Card (1st Year)
- Free access to use PRINCE Mobile App
Key Features and Benefits
| Initial Opening Balance | USD 10 | KHR 40,000 |
| Minimum on-going balance | USD 1 | KHR 4,000 |
| Cash withdrawal/deposit amount | Unlimited | |
| Account Maintenance Fee | Free | |
| Passbook | Free (New Issuance, Re-issuance Out of page or Re-issuance due to bank faulty) | |
| ATM /Union Pay /Master /Visa Debit (Annual Fee) |
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| Union Pay /Master /Visa Credit Card (Annual Fee) |
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| Standing instruction | Free | |
| Statement / Consolidate Statement | Free (via PRINCE Mobile App) | |
| Bank confirmation letter | USD 2 per request (Max. 2 copies daily) | |
| Early Account Closure Fee | USD 5 Or KHR 20,000 (If account closed within 3 months from opening date) | |
| Dormancy Fee (Monthly Charge) | USD 1 Or KHR 4,000 | |
| PRINCE Mobile Banking | Free | |
| Access to the deposits |
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| Transaction via Over the Counter |
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| Transaction via PRINCE Mobile App | Click here for more details related to PRINCE Mobile app | |
Interest Rate (p.a.)
| Basic Interest Rate | Special Interest Rate | |
|---|---|---|
| USD Interest Rate (p.a.) | 1.00% | 1.50% |
| KHR Interest Rate (p.a.) | 1.25% | 1.75% |
*Special Interest Rate: if the End of Day balance is 50 USD or more than the End of Day balance from the previous day
Notes:
- Withholding tax on interest earned is 4% for residents and 14% for non-residents.
- Interest rates are subject to change from time to time without prior notice.
- p.a. stands for per annum
Eligibility and Documentation
- Resident:
- 18 years old and above
- Cambodian National ID or Passport
- Or any two of the following: Driving License, Family Book, Residential Book, Birth Certificate, Monk's Card, or Government Official ID (One must have your photo in it.)
- Foreigner (Resident or Non-Resident):
- 18 years old and above
- Valid Foreigner Passport, AND
- Option 1: Copy the single or Multiple visas indicating the presence in Cambodia for more than 182days or
- Option 2: Proof of Employment indicating at least 12months employment (i.e. Work Permit, Employment Contract, Certificate of Employment, Employee ID with photo & signature, Business License/Certificate, if self-employed).
- Option 3: Proof of Residence (i.e. Lease/Tenancy Agreement, Certificate of Residential Address, Hotel Lease/Bill) indicating at least 12 months tenor in the Contract.