Interest Bearing Current Account designed to help you maximize your savings while enjoying the flexibility of a current account.
Here's what ACE Account offers you:
- Ease of opening an account for individuals aged 18 years and above (resident and non-resident) with an initial deposit of USD3,000 or KHR12,000,000
- Ease of opening an account for corporate with an initial deposit of USD10,000 or KHR40,000,000
- Interest is payable on balances above USD3,000 or KHR12,000,000 for individuals and USD10,000 or KHR40,000,000 for corporate
- A consolidated monthly statement is provided making it easier for you to keep track of your expenditure and manage your account
- Enjoy priority banking services at all our branches
- Access to our Red Carpet Banking Centres at Phnom Penh Main, Mao Tse Toung, Stueng Mean Chey, Tek Thla, Toul Kork and Siem Reap branches with dedicated personalized services and amenities, free car park, complementary refreshments and reading materials
- Special invitations to events or talks organized by Cambodian Public Bank
- Discount of 50% on annual fees for credit cards (VISA and MasterCard)
- Waiver of half yearly service charge
- Easy access to your account through any Cambodian Public Bank branch, ATM, CPBe Internet Banking or PB engage KH
- All these array of services and benefits are offered to you with an opening deposit of only USD3,000 or KHR12,000,000 (for individual) and USD10,000 or KHR40,000,000 (for corporate)
Individuals who are 18 years old and above:
- Individuals who are 18 years and above including resident or non-resident
- Sole-proprietors, partnerships, corporate entities, associations, clubs and societies
Illustration of Interest Earned for ACE Account
ACE Interest Rate for Individual
USD ACCOUNT | KHR ACCOUNT | |||
---|---|---|---|---|
Range |
Interest Rate (% p.a.) |
Range |
Interest Rate (% p.a.) |
Promotional Interest Rate (% p.a.) |
Up to USD3,000 | 0.00% | Up to KHR12mil | 0.00% | 0.00% |
Above USD3,000 | 0.15% |
Above KHR12mil |
0.50% | 1.00% |
Example 1:
Customer’s average day-end balance* for the month = USD1 Mil
* Calculation of Average Day-End =
sum of everyday day-end balance/number of days of the month
Average Day-End Balance | Interest Rate (p.a.) | Calculation | Interest Earned (USD) |
---|---|---|---|
First USD3,000 | 0.00% | First USD3,000 balance X 0.00% X 30/365^ | 0.00 |
Next USD997,000 | 0.15% | Subsequent USD997,000 balance X 0.15% X 30/365^ | 122.92 |
Total Interest earned for the month | 122.92 |
^366 if it is a leap year
Corporate
Range |
Interest Rate (% p.a.) |
Range |
Interest Rate (% p.a.) |
Promotional Interest Rate (% p.a.) |
---|---|---|---|---|
Up to USD10,000 | 0.00% |
Up to KHR40mil |
0.00% | 0.00% |
Above USD10,000 | 0.15% |
Above KHR40mil |
0.50% | 1.00% |
Example 2:
Customer’s average day-end balance* for the month = USD1 Mil
* Calculation of Average Day-End =
sum of everyday day-end balance/number of days of the month
Average Day-End Balance | Interest Rate (p.a.) | Calculation | Interest Earned (USD) |
---|---|---|---|
First USD10,000 | 0.00% | First USD3,000 balance X 0.00% X 30/365^ | 0.00 |
Next USD990,000 | 0.15% | Subsequent USD990,000 balance X 0.15% X 30/365^ | 122.05 |
Total Interest earned for the month | 122.05 |
^366 if it is a leap year
Individual
USD ACCOUNT | KHR ACCOUNT | |||
---|---|---|---|---|
Range |
Interest Rate (% p.a.) |
Range |
Interest Rate (% p.a.) |
Promotional Interest Rate (% p.a.) |
Up to USD3,000 |
0.00% |
Up to KHR12mil |
0.00% |
0.00% |
Above USD3,000 |
0.15% |
Above KHR12mil |
0.50% |
1.00% |
Interest is calculated daily and credited monthly on 30 June and 31 December every year.
Corporate
USD ACCOUNT | KHR ACCOUNT | |||
---|---|---|---|---|
Range |
Interest Rate (% p.a.) |
Range |
Interest Rate (% p.a.) |
Promotional Interest Rate (% p.a.) |
Up to USD10,000 |
0.00% |
Up to KHR40mil |
0.00% |
0.00% |
Above USD10,000 |
0.15% |
Above KHR40mil |
0.50% |
1.00% |
Type of Charges | Individual | Corporate | ||
---|---|---|---|---|
USD Account | KHR Account | USD Account | KHR Account | |
Half-Yearly Service Charge | No Charge | |||
Voluntary closing of account | 15 | 60,000 | 15 | 60,000 |
Monthly hardcopy statement fee* | 1 | 4,000 | 1 | 4,000 |
Yearly Statement Request for Statement Period more than One (1) Year* | 30 | 120,000 | 30 | 120,000 |
*Customers are able to download online e-statements for free. A service charge of USD1-00 or KHR4,000 equivalent will be levied for hardcopy monthly current account statements. Customers are advised to apply for CPBe Internet Banking to access and print the bank statements on their own.