Business Plus Account

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

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

Key Features and Benefits

Available in USD or KHR
Initial deposit is KHR 20,000,000 or USD 5,000
Get an additional 0.25% if the account in KHR
Account maintenance fee is USD 10 or KHR 40,000 if the End Of Day balance falls below USD 1,000 or KHR 4,000,000
No minimum balance
Free batch transfer via SME web (Prince Bank accounts only )
Free register for PRINCE MobileBiz App

offered

Interest Rate (p.a.)

*Monthly Average Balance in USD*	*Interest Rate (p.a.)*
>= 5,000 to 30,000	1%
> 30,000 to 100,000	1.5%
> 100,000	2%

*Monthly Average 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%

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

Corporate Business or Individual Business (Resident or Non-Resident)
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!