Term Deposit
The Sathapana Bank's term deposit account allows you to choose a fixed period for your deposit starting from 3 months up to 60 months while earning high interest rates. Available in Khmer Riel, US Dollar or Thai Baht. Our term deposit gives you the flexibility to manage your fund with maximum returns. If you wish to withdraw your money before the maturity date, the prevailing savings rate applies.
Features
Interest on Maturity | Monthly Interest | |||||
|---|---|---|---|---|---|---|
Minimum Opening Balance | USD 1,000 | KHR 4,000,000 | THB 30,000 | USD 1,000 | KHR 4,000,000 | THB 30,000 |
Terms | USD | KHR | THB | USD | KHR | THB |
3 months | 2.00% | 2.75% | 1.00% | 1.75% | 2.50% | 0.75% |
6 months | 3.00% | 3.50% | 2.00% | 2.75% | 3.25% | 1.75% |
9 months | 4.00% | 4.50% | 2.50% | 3.75% | 4.25% | 2.25% |
12 months | 5.50% | 7.00% | 3.00% | 5.25% | 6.75% | 2.75% |
24 months | 6.00% | 7.25% | 3.50% | 5.75% | 7.00% | 3.25% |
36 months | 6.25% | 7.50% | 3.75% | 6.00% | 7.25% | 3.50% |
48 months | 6.25% | 7.50% | 3.75% | 6.00% | 7.25% | 3.50% |
60 months | 6.25% | 7.50% | 3.75% | 6.00% | 7.25% | 3.50% |
Entitles |
| |||||
Term Deposit Prematurity | An interest rate of Savings Account is applied | |||||
Early Closure Term | 48 months and 60 months, free and 30 days notification | |||||
Withholding Tax | 6% for Residence or 14% for Non-Residence | |||||
Notes:
* Opening THB Account is applicable at designated branches only. Please contact us for more information.
* Interest rates are subject to change at the bank's sole discretion without prior notice to clients.
* Commercial Banks, Specialized Banks and Micro Finance Institutions, Insurance Companies and other forms of Financial Institutions (FI) are excluded.
Benefits
- Earn higher interest rate
- Low minimum opening balance
- Flexible term offerings
Requirement
- Certificate of incorporation or registration issued by Ministry of Commerce
- Memorandum and Articles of Association or statue
- Business license issued by relevant ministry and authority (As if required) or Letter of approval from relevant ministry or authority (As if required)
- Resolution of Board of Directors
- Copy of Passports/ ID of Directors and Authorized Signatories
- Power of Attorney / Letter of Appointment or authorization
- Business Patent Tax
- Other registration Document (if applicable)
How to apply
Visit one of your nearest branches and meet our expert who will warmly welcome and guide you through the process, or call us via +855 (0) 23/81 999 010 | customercare@sathapana.com.kh for more information. For our branch addresses, please follow here
Or you can quickly complete online inquiry form here. Our team will contact you as soon as possible.
