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Personal Deposit Installment Deposit Account

An installment deposit account is a longer-term saving.

An installment deposit account is a longer-term saving. It is where you put a set amount of money or installment into the account daily or monthly for a set period of time and let it grow. Once the period is over, you withdraw the principal and interest together.


INSTALLMENT DEPOSIT ACCOUNT
(MINIMUM OPENING BALANCE: USD 10)

TERM INTEREST RATE (USD)
6 months 3.00% p.a
12 months 4.50% p.a
24 months 5.00% p.a
36 months 5.50% p.a

PREMIER INSTALLMENT DEPOSIT ACCOUNT
(MINIMUM OPENING BALANCE USD 500)

TERM INTEREST RATE (USD)
6 months 3.50% p.a
12 months 5.00% p.a
24 months 5.25% p.a
36 months 5.75% p.a

Requirements

Cambodian

  • National ID Card or Valid Passport

Foreigner

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

NGOs / NPOs

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

Important information

  • USD 10 minimum deposit (normal installment) and USD 500 minimum deposit (premier installment)
  • For pre-mature withdrawal, interest rate of 0.8% p.a is offered