Put your surplus cash to work and get a high, progressively increasing interest rates
Available as a consumer or business account, our term deposit offers maximum interest on your money. The longer you keep your money with us, the higher the rewards. What's more is that it comes with premature flexibility to adapt to your needs.
Key Features and Benefits
- Available in two currencies (USD/KHR)
- Customers can switch between internal accounts
- High interest rate with 0.25% p.a. extra if the term deposit is in KHR
- Withdrawal of deposit with full interest earned can only be made at maturity date
- Flexibility to add more funds following initial deposit to earn even greater interest
- Receive all interest earned upon due date into your current or savings account
- Initial deposit of 10,000 USD or equivalence
Interest Rate (p.a.)
|Tenure ||Interest Rate (p.a.)|
1.2 On Maturity Date:
|Tenure||Interest Rate (p.a.)|
- Withholding tax on interest earned is 6% for residents and 14% for non-residents.
- Allows additional deposit during term.
- If premature withdrawal is made before half of the term, interest rate will be 1% p.a.
- If premature withdrawal is made after half of the term has passed, interest rate will be half of the initially agreed rate.
- Interest rates are subject to change from time to time without prior notice.
- p.a stands for per annum
Eligibility and Documentations
- 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)