Senior Citizen Accounts

Our senior citizen accounts earn higher interest and come with special benefits.

Find out more

Senior Citizen Accounts

Our customers can choose to open Savings Account or Fixed Deposit Account or both, and earn a  higher interest than the basic savings and basic fixed account.

Account type

Savings Account

Fixed Deposit

Opening account balance

US$ 10

US$ 1,000

Minimum balance

N/A

US$ 1,000

Interest rate

0.5% higher than the counter rate

0.25% higher than the counter rate

Interest payment

Subject to 4% withholding tax

  • Subject to 6% withholding tax
  • For premature withdrawal, the interest payment is paid on the interest rate of the Savings Account

Type of account

Individual/joint account

Individual/joint account

Age of account holder

At least 55 years old (for joint account, one individual must be at least 55 years old)

At least 55 years old (for joint account, one individual must be at least 55 years old )

Account maintenance

Free

Free

Certify account balance/audit confirmation

US$ 10 / KHR equivalent  per confirmation

US$ 10 / KHR equivalent  per confirmation

Automatic transfer instruction

Free

Free

Access to banking services

  • Vattanac Mobile Banking.
  • Internet Banking.
  • All branches
  • Vattanac Mobile Banking.
  • Internet Banking.
  • All branches

Other benefits

VISA Cards annual fees

50% discount for one year

ATM annual fees

50% discount

Remittance (inward and outward)

Lower commission charge (0.01% lower than then counter rate)

Inter-branch transaction

Free

*Note: Customer’s existing Savings Account and Fixed Deposit will enjoy the same benefits of the Senior Citizen Account once the customer turns 55 years old. Terms & Conditions and interest rates are subject to change at the Bank’s discretion and without prior notice.

Application requirements

Opening an account with us is simple.  All  you need is to present your National ID or Passport and to complete the Application form.
Other documents may be required in compliance with our KYC requirements.

Interested in opening a 
personal account ?

Talk to us and find the account that matches your needs