Prince Bank Plc. - Business Plus Account

Business Plus Account

Manage your cash flow to support your business and gain high interest rate with minimun effort.

Business Plus Account

Manage your cash flow to support your business and gain high interest rate with minimum effort.

Prince Bank understands that your business operations require flexibility in your transactions. With Business Plus Account, you are able to gain highly progressive interest rate that is calculated daily to smoothen and fit your business situation.

Key Features and Benefits

Available in two currencies (USD/KHR)
Earn an additional 0.25% p.a. if the account is in KHR
Initial deposit is 20,000,000 riels or 5,000 USD
No minimum balance

Interest Rate (p.a.)

*Balance in KHR*	*Interest Rate (p.a)*
>= 20,000,000 to 120,000,000	1.25%
> 120,000,000 to 400,000,000	1.75%
>400,000,000	2.25%

*Balance in USD*	*Interest Rate (p.a)*
>= 5,000 to 30,000	1.00%
> 30,000 to 100,000	1.50%
>100,000	2.00%

Note:

Withholding tax on interest earned is 4% for residents.
Interest rates are subject to change from time to time without prior notice.
p.a. stands for per annum

Eligibility and Documentation

Identification documents of the Authorized Signatories and Boards of Director(s)
Cambodian National ID or Passport of company's Director(s) or Shareholder(s)
Certificate of Incorporation from Ministry of Commerce
Latest Memorandum and Article of Association
Letter of Approval from Ministry of Commerce
Annual Declaration of Commercial Enterprise
Original Board of Director(s) and Shareholder(s) Resolution
Other business-related documents (if required)

Business Plus Account

Business Plus Account

Feel free to contact us!