Current Account

ABA Current Account is a simple and convenient way to enjoy easy payment for purchase of goods and services.

Conditions

CurrencyUSD KHR
Initial opening balance1
  Individual/Company100 400,000
  GovernmentN/A N/A
  Financial Inst.
50,000 200 million
Minimum on-going balance
  Individual/Company 100 400,000
  Government N/A N/A
  Financial Inst.
1,000 4 million
Minimum holding period Unlimited
Cheque book USD10/Book KHR40,000/Book
Cash withdrawal/deposit amount Unlimited
Inter-regional branch cash deposit/withdrawal (daily limit)230,000 20 million
Cheque dishonor fee through clearing house (per cheque) 50 200,000
Cheque dishonor fee through ABA branch (per cheque) 10 40,000
Monthly account service Free
Internet Banking3 Free
Access to the deposits  
  • ABA Bank branches
  • Internet Banking
  • UnionPay Card/Mastercard/Visa Card
 

1 Fee of USD20 / KHR80,000 is applied for closing the account within 3 months from opening date.
2 In case of exceeding the daily limit, 0.10% or minimum USD1 (whichever higher) fee will be applied.
3 USD25 fee for Access Card and Dynamic authentication device.

You can

  • Do unlimited transaction on your available balance at any time for free of charge;
  • Access your account through Debit Card, Internet Banking or visiting one of the ABA Bank’s Branches;
  • Withdraw funds from your current account at any time provided that the minimum ongoing balance is preserved on the account.

Benefits

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

1 Free SMS Dynamic Authentication mode. One-­off fee USD 25 for a CryptoCalculator Device.

The​ requirements​ for​ opening​ corporate​ Current​ account​ are;

The​ documents​ requirement

  • 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).

Other​ requirements​ you​ may​ need​ to​ take​ note

  • Company’s​ seal​ is​ to​ be​ appended​ on​ Board​ of​ Director​ Resolution​ or​ any​ relevant​ documents.
  • Authorized​ Signatory(ies)​ is/are​ required​ to​ present​ at​ the​ Bank​ or​ in​ front​ of​ Bank​ staff.

Note

  • Account​ for​ Financial​ Institution:​ The​ requirements​ may​ differ,​ please​ contact​ our​ branches​ for​ more​ information.
  • Customer​ will​ need​ to​ pass​ the​ bank’s​ onboarding’s​ process​ before​ account​ opening.

The​ requirements​ for​ amending​ corporate​ Current 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​ iBanking​ Amendment​ (if​ there​ is​ change​ of​ authorizer​ in​ ibanking​ 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.