Savings Account

ABA Savings account is your most efficient and secure way to start saving.

There are various convenient ways to replenish your ABA account with cash or via instant cashless transfers from other banks and e-wallets.

Learn more

Interest rate(p.a.)¹ in USD

Daily Balance	Company	Government Inst.
USD ≤ 1,000	0.00%	0.00%
USD ≤ 10,000	0.10%	0.10%
USD ≤ 25,000	0.15%	0.15%
USD ≤ 50,000	0.20%	0.20%
USD ≤ 100,000	0.30%	0.30%
USD ≤ 500,000	0.45%	0.45%
USD > 500,000	0.70%	0.70%

Interest rate(p.a.) in KHR

Daily Balance	Company	Government Inst.
KHR ≤ 20,000,000	1.00%	1.00%
KHR ≤ 100,000,000	1.25%	1.25%
KHR > 100,000,000	1.50%	1.50%

Conditions

Currency	USD	KHR
Initial opening balance
Business	100	400,000
Government Inst.	100	400,000
Minimum ongoing balance
Business	10	40,000
Government Inst.	10	40,000
Withdrawals	Unlimited withdrawals, in cash or non-cash forms, are allowed at any time and in any amount upon the condition of minimum ongoing balance preserved on the account
Acceptant notes²	Any types of fit KHR note will be accepted at with some applicable charges
Interest payment	Monthly (Company) and Semi Annual (Government) or upon account closure
Early closure³	Fee of USD 20 / KHR 80,000 is applied for closing the account within 3 months from opening date
Replenishment	Unlimited transactions in cash or non-cash forms are allowed
Service fees	Monthly account service	Free
	Passbook⁴	USD 5 / KHR 20,000/book
	ABA Business	Refer to ABA Business T&C here
	Dormant fee⁵	USD 10 / KHR 40,000/p.a.
	Certify account balance	USD 10 / KHR 40,000/piece
	Audit confirmation	USD 10 / KHR 40,000/time
	Nostro or Banker check	USD 10 / KHR 40,000/check
Benefits	Free issuance and annual maintenance fees of Credit Card for primary holder with below conditions: Mastercard Credit Standard/Visa Credit Classic: customers shall maintain deposit balance of USD 3,000 - 5,000 as security. The customer can choose credit limit from USD 500 - 4,500 or up to 90% of security deposit. Visa Platinum Lite: customer shall maintain deposit balance from USD 5,001 or more as security. The customer can choose credit limit from USD 1,000 - 12,500 or 90% of security limit (whichever limit is lower).

_{All Terms and Conditions are subject to ABA Bank’s sole discretion without prior notice.}

_{¹ Interest rate is accrued on 365 (three hundred sixty-five) days a year, considering actual quantity of days a month. Further, if total balance at End of Day (EOD) is less than and/or equivalent to the defined threshold, a lower interest rate will be applied for accruals. In contrast, if total balance at EODis more than the defined threshold, a higher interest rate will be applied.
² Fee is applied to different types of notes and quantity. charge is applied on total sum of small notes link here.
³ Customers are required to return passbooks, cards, and any given account facilities to the Bank.
⁴ Fee of USD 5 is applied for issuance & re-issuance.
⁵}System will automatically charge USD 10 if account is not operative for 12 months or more, except Government Inst.

You can

Flexibly earn money on your money – interest is accrued on daily basis and paid on semiannual basis or
upon account closure;
Conveniently access your account balance through Debit Master or Visa Card, ABA Business or visiting one of the ABA Bank’s Branches;
Flexibly withdraw funds from your current account at any time provided that the minimum ongoing balance is preserved on the account without any additional cost;
Transact inward & outward remittances necessary balance to be used while remaining balance keeps earning money for you;
Deposit additional funds into your account without restriction;
Feel secured with getting instant information about your account for free by using our Email Notification Service.

Benefits

Along with the interest rate on your funds, you also get:

Free access to your account through ABA Business.

To open a corporate account, you need to provide the following documents:

Original and latest Memorandum and Articles of Association (M&A) signed by all directors of the Company.
Certificate of Commercial Registration / Incorporation issued by Ministry of Commerce or a printed version of Certificate of Registration with QR code.
Original Board of Directors Resolution to appoint signatory(ies) and account mandate.
Original and valid National ID or Passport of all Shareholders and Directors.
Original and valid National ID or Passport of all Authorized Signatory(ies).
Business Tax Patent (if applicable).
Business License issued by relevant ministry and/or authority (if applicable).
Letter of Approval from relevant ministry or authority (if applicable).
Sample of Board of Director Resolution (please use company’s letterhead and incorporate the content in the sample Board of Director Resolution where applicable).

And, fill in the following forms:

Corporate Account Form (Section 5 refers to FATCA Status Code);
UBO Declaration Form;
Sample of Customer Information Form (simple) for UBO(s) (shareholder(s) with 20% or more) and director(s) who are not appointed as signatory(ies);
Specimen Signature Form and Customer Information Form(s) to be signed by Authorized Signatory(ies) in front of a Bank staff.

Additional requirements:

Company seal to be appended on Board of Director Resolution and other relevant documents (where applicable).
Customer is required to disclose Tax Registration number (TRN) or Tax Identification number (TIN) where applicable.
Authorized Signatory(ies) is/are required to be present at the Bank or in front of a Bank staff.

_{Note
- Account for Financial Institutions: Requirements may differ, please contact our branch for more information.
- In addition to the required documents for account opening above, customers shall also comply with the Bank's onboarding policies and processes before the account opening.}

The requirements for amending corporate Fixed Deposit account are;

The documents requirement

Original Memorandum and Article of Association (if any update)
Original Board of Directors Resolution for account amendment (if add, remove signatory(ies) or change account mandate)
Original Board of Directors Resolution for ABA Business Amendment (if there is change of authorizer in ABA Business)
Certificate of Commercial Registration / Incorporation issued by Ministry of Commerce or a printed version of Certificate of Registration with QR code (if any update)
Original and valid National ID or Passport of new Shareholder(s) and Director(s)
Original and valid National ID or Passport of new Authorized Signatory (ies).

Other requirements you may need to take note

Company’s seal is to be appended on Board of Director Resolution or any relevant documents.
All signatory(ies) is/are required to present at Bank’s counter or in front of Bank staff.
Corporate Card that belongs to the removed signatory(ies) must be returned to the bank.
Corporate Card linked to Corporate Account is to be returned to bank if account mandate change to other rather than “Anyone to Sign”.

_Note

_{Financial Institution: The requirements may differ, please contacts our branch for more information.}
_{Customer will need to pass the bank’s onboarding’s process before account amendment.}

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