Time Deposit Account
Introduction
Time deposits are deposits on which the depositor and the bank have agreed that the money will not be withdrawn before a specific date.
Benefits
- Free Certificate
- Currency USD/KHR
- Interest rate
|
Term |
IR Paid |
KHR (Riel) |
USD |
||
|---|---|---|---|---|---|
|
Counter |
Internet |
Counter |
Internet |
||
|
1M |
At Maturity |
1.75% |
1.85% |
1.25% |
1.35% |
|
3M |
At Maturity |
3.75% |
3.85% |
3.25% |
3.35% |
|
6M |
At Maturity |
4.75% |
4.85% |
4.25% |
4.35% |
|
12M |
At Maturity |
5.75% |
5.85% |
5.25% |
5.35% |
|
24M |
At Maturity |
6.00% |
6.10% |
5.50% |
5.60% |
|
36M |
At Maturity |
6.50% |
6.60% |
5.75% |
5.85% |
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 100USD/400,000.00KHR
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 100USD/400,000.00KHR
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 100USD/400,000.00KHR
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 100USD/400,000.00KHR
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 100USD/400,000.00KHR
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 100USD/400,000.00KHR
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 100USD/400,000.00KHR
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 100USD/400,000.00KHR
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 100USD/400,000.00KHR
