Fixed Deposit for Financial Institution

Fixed Deposit for Financial Institution

Corporate Savings
Corporate Fixed Deposit
Fixed Deposit for Financial Institution
Merchant Saving Account

About Product

Is a type of account for customer who are willing to deposit for specific period of time to maximize their income through saving with high interest rates and security.

Target audience:

  • Bank and financial institution (BFI): refers to any provider of financial services that has been licensed by or registered with the National Bank of Cambodia (NBC), and any similar entity licensed or authorized abroad by any banking regulatory authority.
  • Other financial institution (OFI): refers to any provider of financial services other than BFIs; it incudes, pension funds, and securities firms.

Key Benefits

High Return Investment

Designed for business customers seeking to maximize income with high interest rates.

Flexible Duration

Deposit for 01 week to 36 months based on business needs.

Secure & Reliable

Guaranteed return with a Fixed Term Deposit Certificate.

Product Attribute
Description
Currency

KHR/USD

Annual Interest Rate

Please see the table Interest Rate

Term

01 week to 36 months

Initial Deposit

KHR400,000/ USD100

Minimum Balance

Nil

Account Ownership

Certificate of Fixed Term Deposit

Withholding Tax

0% for residents who are under the self-assessment regime  or  6% for residents who are not under the self-assessment regime or 14% for non- resident

Account Opening/Close Account

AMK Branches during business hours

Interest Payment

Interest is accrued on maturity date and paid automatically into settlement account.

Withdrawal Condition

Withdrawal on maturity date or closure account 

Settlement account

Required open Easy account the same Fixed Term deposit account currency to settle and receive cash on maturity date.

Rollover Conditions

Customer able to choose below conditions:

  1. Non Rollover
  2. Rollover
  • Both principal and interest amount
  • Only Principal amount

Noted: AMK reserves the right to add or delete or modify all interest rate and rollover condition is following new revised rate from AMK.

Break Term Condition
  • Break term before or 1/3 of term deposit, AMK will charge penalty from customer 0.1% of number deposit amount or minimum balance USD20 or KHR80,000 and will not get interest rate.
  • Break term over 1/3 to 2/3 of term deposit, customer will get 50% of corporate interest rate.
  • Break term over 2/3 of term deposit, customer will get interest rate based on corporate FI account.

 

Month
KHR
USD
01 Week*

KHR: 0.75% 

0.75%

USD: 0.75%

0.75%

02 Week*

KHR: 1.00%

1.00%

USD: 1.00%

1.00%

1*

KHR: 1.25%

1.25%

USD: 1.00%

1.00%

2*

KHR: 2.00%

2.00%

USD: 1.75%

1.75%

3

KHR: 3.00%

3.00%

USD: 2.75%

2.75%

6

KHR: 3.50%

3.50%

USD: 3.25%

3.25%

9

KHR: 3.75%

3.75%

USD: 3.50%

3.50%

12

KHR: 4.00%

4.00%

USD: 3.75%

3.75%

18

KHR: 4.25%

4.25%

USD: 4.00%

4.00%

24

KHR: 4.50%

4.50%

USD: 4.25%

4.25%

36

KHR: 5.25%

5.25%

USD: 4.75%

4.75%

 *Available only to customers who contact the Treasury Department.

Requirements
  • An entity that is legally registered by law and regulations
  • Certificate of Business registration/ Memorandum & Articles of Association and/or Board Resolution Letter / Authorize Letter and other relevant document (If required).
Contact us
023 220 202 or 1800 200 200 (No Fee Charge).
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