Merchant Current Account
Introduction
A basic type of bank account for the merchant that allow for Deposit, Withdraw, Local & Oversea Transfer, Merchant Payment, and Shinhan KHQR.
Benefits
- Free mobile Banking and Internet Banking
- Free Annual Fee
Product Details
| Categories | Contents | ||||
| Eligible Customer | Corporation | ||||
| Product Type | Demand Deposit | ||||
| Currency | USD/KHR | ||||
| Initial Deposit | Minimum USD500/KHR2,000,000 or more | ||||
| Interest Rate Payment | Basic Interest Rate + Preferential rate (USD/KHR are applied the same) | ||||
| Categories | Base Interest Rate | Preferential Rate | Additional Rate | Final Interest Rate | |
| Unlimited | 0.10% per annum | 1.90% per annum | 1.00% for Early Sign in for the 1st Year | 3.00% per annum | |
| Benefits | - Free KHQR Standee, Tag and Bill Cover - Exemption of Local Outward and Inward Remittance through Counter and Online - 50% Discount on Standard Fee Charge for Oversea Remittance |
||||
Requirement
Corporation
- Original Certificate of Incorporation (from MoC)
- Latest original of Memorandum and Article of Association
- Latest original of Patent or other tax registration equivalent
- Board of Director’s or Director’s resolution to authorize/permit/ appoint personnel(s) to open and/or operate an account
- Original National Identification Card or Passport of all directors, shareholders/partners and authorized signatory(s)
- Company’s Stamp/Seal
- Initial Deposit 500USD/2,000,000.00KHR
For (foreigner) _ Rep. Office/Branch
- Original Certificate of Incorporation (from MoC)
- Latest original of Memorandum and Article of Association (from head office)
- Latest original of Patent or other tax registration equivalent
- Original notarial letter to authorize/permit/ appoint personnel(s) to open and/or operate an account
- Original national Identification Card or Passport of all directors, shareholders/partners and authorized signatory(s)
- Company’s Stamp/Seal
- Copy Document from head office at overseas
- Initial Deposit 500USD/2,000,000.00KHR
For Banks/MFl (s)
- License from National Bank of Cambodia
- Original of Certificate of Incorporation (from MoC)
- Latest original of Memorandum and Article
- Latest original of Patent or other tax registration equivalent
- Board of Director’s or Director’s resolution to authorize/permit/ appoint personnel(s) to open and/or operate an account
- Original National Identification Card or Passport of all directors, shareholders/partners and authorized signatory(s)
- Bank/MFI(s)’s Stamp/Seal
- Initial Deposit 500USD/2,000,000.00KHR
NGO(s) for Profit (international)
- Original of Certificate from Ministry of Foreign Affair or related Ministries
- Original of Certificate of Incorporation (from MoC)
- Latest original of Memorandum and Article of Association
- Latest original of Patent or other tax registration equivalent
- Original National Identification Card or Passport of all directors, shareholders/partners and authorized signatory(s)
- NGO’s Stamp/Seal
- Initial Deposit 500USD/2,000,000.00KHR
NGO(s) for Profit (Local)
- Original of Certificate from Ministry of Foreign Affair or related Ministries
- Original of Certificate from Ministry of Interior
- Original of Certificate of Incorporation (from MoC)
- Latest original of Memorandum and Article of Association
- Latest original of Patent or other tax registration equivalent
- Original National Identification Card or Passport of all directors, shareholders/partners and authorized signatory(s)
- NGO’s Stamp/Seal
- Initial Deposit 500USD/2,000,000.00KHR
Association for Non-profit (international)
- Original of Certificate from Ministry of Foreign Affair
- Permission letter from local authority
- Board of Director’s or Director’s resolution to authorize/permit/ appoint personnel(s) to open and/or operate an account
- Original National Identification Card or Passport of all directors, shareholders/partners and authorized signatory(s)
- Association’s Stamp/Seal
- Initial Deposit 500USD/2,000,000.00KHR
Association for Non-profit (local)
- Original of Certificate from Ministry of Foreign Affair
- Original of Certificate from Ministry of Interior
- Permission letter from local authority
- Original National Identification Card or Passport of all directors, shareholders/partners and authorized signatory(s)
- Association’s Stamp/Seal
- Initial Deposit 500USD/2,000,000.00KHR
Law Firm
- Bar Association of Cambodia
- Original of Certificate of Incorporation (from MoC)
- Latest original of Memorandum and Article of Association
- Latest original of Patent or other tax registration equivalent
- Original National Identification Card or Passport of all directors, shareholders/partners and authorized signatory(s)
- Company’s Stamp/Seal Association’s Stamp/Seal
- Initial Deposit 500USD/2,000,000.00KHR
School/University
- Original of Certificate from Ministry of Education Youth& Sport
- Original of Certificate of Incorporation (from MoC)
- Latest original of Memorandum and Article of Association
- Latest original of Patent or other tax registration equivalent
- Original National Identification Card or Passport of all directors, shareholders/partners and authorized signatory(s)
- Company’s Stamp/Seal
- Initial Deposit 500USD/2,000,000.00KHR
