Phnom Penh, 25 January 2023 – Sathapana Bank, a leading commercial bank in Cambodia, launched a new feature to enable customers to top up thieir existing term deposits. Customers can now invest more into their existing term deposits and still enjoy the same, high interest rate. This will give customers the flexibility to continuously topping up their existing term deposits while maintaining the same account, tenure, and interest rates.
The minimum deposit balance is USD 500 for every top-up transaction and this feature is only applicable for term deposits with a 12 months tenure and above. Customers can fund the top-up via their current and savings account in Sathapana Bank or transfer funds from other local banks. Cheque deposits can also be used to top up a term deposit.
Sathapana Bank’s term deposit account gives you the flexibility to manage your funds with maximum returns with a tenure up to 60 months; and high interest rates. Besides flexible term offerings and competitive interest rates, customer can enjoy a low minimum opening. The top-up can be done at any Sathapana branch.
About Sathapana Bank
Sathapana Bank is a leading commercial bank in Cambodia, with total assets of over US$ 2.4 billion and over 4,000 employees. We have an extensive branch network nationwide with more than 170 branches, 3 Sathapana Premier Banking halls, and over 250 ATMs. We provide complete banking services such as loans, deposits, iBanking, Mobile Banking, debit & credit cards, domestic and foreign remittances, cross-border fund transfers with SWIFT and Visa B2B Connect, Western Union, trade finance, and other financial services.
In addition, we offer tax collection services and public service payments with the Ministry of Public Works and Transportation and the Ministry of Labour and Vocational Training. We cooperate with mobile payment providers such as WING, Pi Pay, TrueMoney, Ly Hour Veluy, eMoney, and Bakong to further our customers' convenience.
Recently, Sathapana Bank won two prestigious awards “Best Mobile Banking App Awards 2022” and “Mobile Banking & Payment Initiative of the Year” from the UK-based Global Brands Magazine and Asian Banking & Finance Retail Banking Awards for its newly revamped mobile banking app, Sathapana Mobile. These two awards are a testament to our continuous effort and commitment to serve our customers better as the needs for mobile banking services continue to grow and digital experiences like Sathapana Mobile becomes a part of the Cambodian lifestyle.