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Business Deposit Current Account

Do you need an account for your daily expenses? Then a current account is for you!

A current account is an easy way to purchase your daily goods and services. It is an easy, convenient, and flexible way to manage your money and you will receive a monthly statement.

When you open a current account, you won’t have to worry about annual or maintenance fees. You’ll also receive a free passbook and will be able to make free transfers within PPCBank accounts.

What can you do with a current account?

  • ​Access your account with your debit card, E-banking or by visiting any PPCBank branch
  • Withdraw funds from your account given that the minimum ongoing balance is valid
  • Chequebook is only available with current account; with fee charge only USD 5 per chequebook

Requirements

Cambodian

  • National ID Card or Valid Passport

Foreigner

  • Valid passport (Validity ≥ 90 days)
  • Employment certificate, contract or business certificate(s)

Business Entity

  • Certificate of Incorporation
  • Business license(s) (Validity ≥ 30 days)
  • Memorandum and Articles of Association
  • Patent tax certificate/Tax registration letter
  • Board of directors or Directors’ Resolution
  • National ID Card or passport of owner(s), shareholders or director(s), and authorized signatories

NGOs / NPOs

  • Memorandum of Understanding (MOU) or Authorization
  • Articles of Association and Organization
  • Tax registration letter
  • Board of Directors or Directors’ Resolution
  • National ID card or passport of founders, board of directors, or director(s) and authorized signatories

Important information

  • Free for intra-bank transfers at PPCBank’s Phnom penh branch network
  • Amount transfer ≤ USD 2,000 charges USD2 or > USD 2,000 charges 0.10% for inter-bank transfers in Cambodia
  • Daily limit for Visa Debit transactions is up to USD 5,000 per day
  • USD 100 minimum deposit (Personal) and USD 500 minimum deposit (Corporate)
  • Freeze USD 50 (Personal) and freeze USE 100 (Corporate)