Term Deposit Account

The best option in managing your surplus cash is to open term deposit account with PRASAC. You will receive both safety on your cash and high-earned interest. Moreover, you will be able to receive a loan from PRASAC in case you need urgent cash by pledging the deposit certificate without closing your account.

Interest Rate

Currency KHR, USD, THB
Terms Maturity Growth Account Monthly Growth Account
Standard Rate Bonus Rate Total Rate Standard Rate Bonus Rate Total Rate
1 month 4.00% 4.00% 4.00% 4.00%
2 months 4.25% 4.25% 4.15% 4.15%
3 months 5.50% 5.50% 5.25% 5.25%
4 months 5.75% 5.75% 5.50% 5.50%
5 months 6.00% 6.00% 5.75% 5.75%
6 months 6.25% 6.25% 6.00% 6.00%
7 months 6.30% 6.30% 6.10% 6.10%
8 months 6.40% 6.40% 6.15% 6.15%
9 months 6.50% 6.50% 6.25% 6.25%
10 months 6.60% 6.60% 6.35% 6.35%
11 months 6.70% 6.70% 6.45% 6.45%
12 months 7.75% 0.25% 8.00% 7.50% 0.25% 7.75%
18 months 7.75% 0.25% 8.00% 7.50% 0.25% 7.75%
24 months 7.75% 0.25% 8.00% 7.50% 0.25% 7.75%
36 months 7.75% 0.25% 8.00% 7.50% 0.25% 7.75%

*Interest rate per annum

Product Features

Product Features Description
Initial Deposit or Minimum Balance KHR 200,000 or USD 50 or THB 2,000
Tenor 1 month / 2 months / 3 months / 4 months / 5 months / 6 months /7 months /8 months / 9 months /10 months /11 months / 12 months / 18 months / 24 months or 36 months
Withholding Tax
  • Resident 6%
  • Non-resident 14%
Deposit Condition Can be made only one time when opening the account (In case a client wants to deposit additional cash, she or he can open another new account)
Account Document
  • First issuance of Term Deposit Certificate is free of charge.
  • In case of damage or lose Term Deposit Certificate, the fee charge on requesting new Certificate is KHR 12,000 or USD 3 or THB 120.
Account Redemption Before Maturity No fee charge for account redemption before maturity, and will apply interest rate of source account.
Additional Service Account Statement Free of charge
Link TD with MIB Free of charge
Banker Cheque KHR 40,000 or USD 10 or THB 400
Bank Confirmation or Audit Confirmation KHR 40,000 or USD 10 or THB 400
Other Conditions Required customer to have a Savings Account or Unfixed Deposit Account as source account of Term Deposit

Note:

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