Standing Instruction
We create Standing Instruction Service to help customers who wish to effect a cash settlement from their own account to another beneficiary account(s) within a specific time period.
Features and Benefits:
• Available in KHR and USD
• Currency conversion based on Phillip Bank’s daily exchange rate
• A safe and convenient way to automate payment, daily, month or yearly expense, etc.
• Time savings with less expense
Eligibility:
• Customers and their beneficiaries must have a savings or current account with Phillip Bank in order to use the standing instruction service
• Customer must perform settlement transaction at least two times for initiating this service
• Customer must complete the application form of standing instruction service
Activity | Standing Instruction / Fee |
Registration | KHR 12,000 / USD 3 |
Fee per Transaction/ per Account | KHR 1,000 / USD 0.25 |
Available Channel: Phillip Bank Internet Banking