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Time Deposit


 

Product Name

Time Deposit

Features

  • Competitive interest rates.
  • In Khmer Riel (KHR)、Chinese Yuan(CNY)、United States Dollars (USD).
  • Flexible terms
  • No account maintenance fees
  • No need to complete an account opening form if you maintain a demand deposit account with BOC.

Eligibility

  • Individual
  • Joint
  • Non-profit Organization

Initial Minimum Deposit

Initial minimum deposit amount to open an KHR、CNY and USD time deposit account is KHR5,000,000、CNY5,000 and USD1,000 respectively.

Term

You may select 1,3、6、9、12 、24 and 36months.

Foreign Currency Notes Deposit and Withdrawal

Commission will be charged on withdrawals in foreign currency notes.

Government Taxes

Under Cambodian law, interest received from your accounts is subject to 6% withholding tax on interest payments for resident, 14% for non-resident.

Identification required to opening an Account

Please provide the following documents:

For individuals:

  • Identity Card for Cambodian;
  • Passport for foreigner.
  • Completed application and specimen signature card of the Bank. 
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