A type of account that offers customers an enhanced rate of return for committing to keep the savings with the bank for a specific period and having an option to withdraw the monthly interest or at maturity.
Term Deposit – Maturity Interest
| Term | RIEL | USD |
|---|---|---|
| 1 Month | - | - |
| 3 Month | 1.20% | 1.20% |
| 6 Month | 2.20% | 2.20% |
| 9 Month | 2.50% | 2.50% |
| 12 Month | 2.70% | 2.70% |
| 18 Month | 2.70% | 2.70% |
| 24 Month | 2.70% | 2.70% |
Term Deposit – Monthly Interest
| Term | RIEL | USD |
|---|---|---|
| 1 Month | - | - |
| 3 Month | 1.00% | 1.00% |
| 6 Month | 2.00% | 2.00% |
| 9 Month | 2.30% | 2.30% |
| 12 Month | 2.50% | 2.50% |
| 18 Month | 2.50% | 2.50% |
| 24 Month | 2.50% | 2.50% |
Features
- Minimum Deposit: USD 1,000 or KHR 4,000,000
- Interest Payment: Interest is accrued daily and credited monthly or at maturity date.
- Term Deposit Certificate
Document Requirement
- Personal Account
- National Identity Card/ Passport/ Family Book/ Residential Book with photo ID / Identity document preferably bearing a photograph of the customer and issued by an official authority.
- Corporate Account
- Certificate of Incorporation/ Business Registration/Business License
- Memorandum and Article of Association
- Patent or other equivalent tax registration
- Board of Director’s or Director’s resolution to authorize/ permit/ appoint personnel(s) to open and/or operate an account
- National Identification Card or Passport of all directors, shareholders and proxy;
- Company Stamp and Authorized Signatory(ies)
Note:
- Withholding Tax: 6% for Resident and 14% for Non-resident
