Maxi Current Accounts are interest bearing checking accounts.
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Maxi Current Account is designed to meet the needs of individuals and businesses with high but fluctuating cash turnover and who require cheque writing facility.
While traditional checking accounts do not pay interest, Maxi Current Account pays interest on a deposit whose average monthly balance is 20,000 USD and above. Interest earned is credited to the Maxi Account MONTHLY.
USD
KHR
Interest rate
0.50% p.a.
1.00% p.a.
Interest payment
The interest is credited on a monthly basis.
No interest is paid if the monthly average balance is below US$ 20,000.
Subject to 4% withholding tax.
Opening account balance
US$ 20,000 / KHR 80 Million
Minimum balance
US$ 20,000 / KHR 80 Million
Half-yearly account maintenance
US$ 10 / KHR equivalent
Fee (below the minimum balance)
US$ 5 / KHR equivalent Riel per month
Early closure
US$ 10 / KHR equivalent ( if it is closed within 6 months from opening date)
Monthly statement
Free
Certify account balance/audit confirmation
US$ 10 / KHR equivalent per confirmation
Dormant account fee
US$ 10 / KHR equivalent
Other benefits
Acess to banking services
Automatic transfer instruction
Free
*Note: Terms & Conditions and interest rates are subject to change at the Bank’s discretion and without prior notice.
Opening an account with us is simple. All we need is for you to bring the following documentation:
Memorandum and Articles of Incorporation
Certification of Incorporation
Board of Directors’ Resolution
National ID/Passport of all the Directors and Authorized Signatories
Let us assist you in selecting the account that fits your business needs.