Retirement Account

Taking care and managing cash for personal or family expenses after retirement is a must for each individual or family. PRASAC offers Retirement Account for companies, enterprises, national and international organizations to provide convenience and motivation to their employees.

Product Features



Descriptions Product Feature
Currency KHR or USD
Annual Interest Rate 7% (for all types of currency)
Interest Calculation Interest is accrued daily and paid at the end of year automatically into your account.
Withholding Tax
  • Resident 6%
  • Non-resident 14%
Initial Deposit Not required
Minimum Balance KHR 400,000 or USD 100
Deposit *Company Retirement Account

  • ATM
  • POS
  • Mobile Banking, Internet Banking
  • PRASAC branches (transfer fee is free in case of cross-branch deposit)

*Employee Retirement Account

  • Transfer from corporate account to employee retirement account (cross-branch fee is free)
  • All branches
  • Through counters only
  • Fee is charged the same as domestic transfer fee for cross-branch withdrawal
  • Subject to charge 0.25% of the requested withdrawal amount (minimum KHR 40,000 or USD 10) in case the withdrawal request is different from favor conditions stated in the Terms and Agreement
Account Closing Get the interest according to standard interest rate of Savings Account for the final year which is shorter than one year in case the closing request is different from exceptional cases stated in the Terms and Agreement
Account Document
  • Passbook: KHR 12,000 or USD 3
  • Customer Account Information Card: Free of charge
Dormant account KHR 4,000 or USD 1 per month
Employee Retirement Age determined by PRASAC 60 years
Additional Services
  • Bank Confirmation
  • Account Statement



  • Interest rate and fee above are subject to change without prior notice.
  • Other terms and conditions apply.