Retirement Account

Taking care and managing cash for personal or family expenses for 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.

Interest Rate

Currency KHR USD
Interest Rate per Annum 6.50% 6.50%

Product Features

Product Features Descriptions
Initial Deposit Not required
Minimum Balance KHR 400,000 or USD 100
Interest Payment Interest is accrued daily and pay into your account annually
Retirement Age 60 Years
Account Opening
  • All PRASAC branch offices
  • Corporate Retirement Account
  • Employee Retirement Account
Deposit Corporate Retirement Account:

  • Via PRASAC Cash Deposit Machines 24/7
  • Via Mobile Banking or Internet Banking
  • At any PRASAC office during business hours
Employee Retirement Account:

  • Transfer fund from company’s account to employee retirement account
  • Free of charge when transferring fund into employee retirement account
  • All PRASAC branches with having permission letter from company
  • Cross-branch withdrawal: Domestic fund transfer fee is applied
  • Charge 0.25% of the requested withdrawal amount (or minimum KHR 40,000 or USD 10) if the withdrawal is different from terms and conditions in the agreement
Close Account
  • At any PRASAC office during business hours
  • Permission letter from company is required
  • If account is closed and different from terms and conditions in the agreement, standard rate of savings account is applied for the rest of tenor with less than one year
Withholding Tax
  • Resident 6%
  • Non-resident 14%
Account Information Card Free of charge
Savings Passbook KHR 12,000 or USD 3 for the first issuance or new request when lose or damage or full printing
Dormant Account
  • ≤ 1 year: KHR 8,000 or USD 2 per month
  • > 1 – ≤ 5 years: KHR 20,000 or USD 5 per month
  • > 5 – ≤ 10 years: KHR 40,000 or USD 10 per month
Additional Offers
  • Request for account statement: Free of charge
  • Bank confirmation: KHR 40,000 or USD 10 per sheet
  • View balance of corporate retirement account via PRASAC Mobile Banking or Internet Banking

Account opening requirements

  • Any persons (Khmer or Expatriate) whose age from 18 years old
  • A customer has to provide an original copy of valid identification document
  • Related documents of institution, company, school, or government entity
  • Customer has to have legal income generating activities, no crime convictions or others crimes.


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