Term Deposit Account

A deposit agreement that has a specific deposit amount, term, and interest rate. You can choose many different options of terms, depending on your cash flow situation.

• Term Deposit-Monthly Interest: Interest earned will be transferred to the linked savings or current account at the beginning of month. At maturity date, the principal will be transferred to the linked savings or current account (if an auto-rollover option is not selected).
• Term Deposit- Monthly Interest (Notice): Interest earned will be transferred to the linked savings or current account at the beginning of month. At maturity date, the principal will be transferred to the linked savings or current account (if an auto-rollover option is not selected). Customer must notify the Bank 30 days in advance for premature withdrawal. 
• Term Deposit-Maturity Interest: At maturity date, the principal and interest earned will be transferred to the linked savings or current account (if an auto-rollover option is not selected).
• Term Deposit-Maturity Interest (Notice): At maturity date, the principal and interest earned will be transferred to the linked savings or current account (if an auto-rollover option is not selected). Customer must notify the Bank 30 days in advance for premature withdrawal.

Remark: For a Term Deposit – Maturity Interest, with an auto-rollover option for both principal and interest, opening a linked account is not mandatory. 

Features and Benefits:

• Available in KHR and USD
• High interest rate
• You can use certificate of deposit as a collateral to apply loan from the bank

Eligibility:

• Withholding tax is 6% of the earned interest for resident and 14% for non-resident (foreigner)
• Individuals (residents/non-residents) aged 18 and above