Premium Current Account is a type of current account that provides you with an excellent opportunity to start earning high interest up to 4% p.a. with other benefits.
| Product Features | Description | |
|---|---|---|
| Currency | #list# – KHR and – USD | |
| Initial Deposit Balance | USD 100 / KHR 400,000 | |
| Minimum Balance | USD 500 / KHR 2,000,000 | |
| Interest Rate per Annum | #list# – ≤ USD 10,000 / KHR 40,000,000 = 2.00% – > USD 10,000 / KHR 40,000,000 = 4.00% | |
| Interest Payment | Interest is accrued daily and paid at the end of each month automatically into your account or when closing the account | |
| Withholding Tax | #list# – Resident: 4% – Non-resident: 14% | |
| Holding Period | Unlimited | |
| Dormancy Fee | From KHR 8,000 / USD 2 to KHR 40,000 / USD 10 | |
| Account Information Card | #list# – Provided when opening an account or when requesting in case of loss or damage – Can be requested at branches – Free for request | |
| Check Book Request | USD 5 / KHR 20,000 | |
Account opening requirements
- Request to open an account at any branch or through a sales officer
- To open an individual account (Cambodian or expatriate), s/he must be 18 years old; or legal entity
- Allowed for resident only
- Required documents: Applied the same as savings account, customers must have a concrete profession or business.
- Have supporting business documents
- Keep account balance as determined by KB PRASAC Bank
Note:
- KB PRASAC reserves rights to change interest rate and fee with prior notice to the client as required by law.
- Other terms and conditions apply.
