Saving Account
Saving accounts can be opened in USD, Khmer RIEL, and Thai BAHT. The interest is automatically credited into your account at the end of each month.
Currencies USD Riel Baht
Interest Rate (Yearly) 0.75% 2% 0.75%
Term & Conditions | Data Protection & Privacy Statement © Copyright canadiabank.com, inc 2011-2012. All rights reserved.
No endorsement or approval of any third parties or their advice, opinions, information, products or services is expressed or implied by any information on this Site or by any hyperlinks to or from any third party websites or pages. Your use of this website is subject to the terms and conditions governing it. Please read these terms and conditions before using the website.
Saving Account Terms and Conditions
The minimum deposit to open a Saving Account is US$10, the minimum balance for maintaining the account is US$10 or the equivalent amount in other currencies.
If the account holder closes the account within three (3) months from the date of opening a handling fee of US$15 is applicable
The replacement fee for a lost or stolen Saving Passbook is US $10. The account holder has to inform the bank immediately in such an event
Dormant account service charge has been changed; please kindly contact the bank Customer Care Unit for additional information.
Interest will be calculated on a daily basis and credited the end of each month. In case of account closure during the month the bank reserves the right to forfeit the interest for this month.
The account holder should check his Passbook after each transaction in front of the teller before leaving the counter to ensure the transaction is correct.
The Bank is not liable for any losses as a result of any withdrawals from the saving account, if the signature or seal conforms to the registered specimen card of the account holder and the Saving Passbook.
Checks and other financial instruments deposits will be credited to the saving account upon final confirmation and clearing
Fix Deposit Account
The minimun deposit for opening Fixed Deposit Account is US$1,000 or the equivalent amount of other currencies.
The bank will issue a Deposit Certificate stating the amount; depositor's name; interest rate and period of deposit.
The interest will be paid on maturity date to the depositors.
In case of closing the deposit prior to maturity date, the bank reserves the right to change the interest into a savings account interest rate. In case the fixed deposit is withdrawn within 2 weeks of deposit time, no interest payment will be due to the depositor.
Upon maturity of the Fixed Deposit and without prior automatic renewal instructions the deposit amount plus interest will be either credited to the original customer account (current or savings) or can be withdrawn in cash by presenting the Fixed Deposit certificate.
In case of a lost or stolen Deposit Certificate the depositor has to inform the bank immediately in person by presenting his/her ID card or passport. A new Deposit Certificate is issued within one week with a handling fee of US$10.
Fix Deposit Account Terms and Conditions
The minimun deposit for opening Fixed Deposit Account is US$1,000 or the equivalent amount of other currencies.
The bank will issue a Deposit Certificate stating the amount; depositor's name; interest rate and period of deposit.
The interest will be paid on maturity date to the depositors.
In case of closing the deposit prior to maturity date, the bank reserves the right to change the interest into a savings account interest rate. In case the fixed deposit is withdrawn within 2 weeks of deposit time, no interest payment will be due to the depositor.
Upon maturity of the Fixed Deposit and without prior automatic renewal instructions the deposit amount plus interest will be either credited to the original customer account (current or savings) or can be withdrawn in cash by presenting the Fixed Deposit certificate.
In case of a lost or stolen Deposit Certificate the depositor has to inform the bank immediately in person by presenting his/her ID card or passport. A new Deposit Certificate is issued within one week with a handling fee of US$10.
Interest Rate (Yearly)
Currencies / Month(s) 1 Month 3 Months 6 Months 9 Months 12 Months 24 Months
US Dollar 2.00% 2.50% 3.50% 4.00% 4.75% 5.50%
Riel N/A 5.00% 6.00% N/A 7.00% 8.00%
Baht 3.00% 4.00% 4.50% N/A 5.50% 6.50%
Monthly Interest
Credit N/A 2.25% 3.25% 3.75% 4.50% 5.25%
Current Account
Documents necessary to open a Corporate Current Account :
Identity Card or Passport (Account holders)
Memorandum or Article of Association
Business Registration Certificate
Minute of the Board of Directors
Letter of Attorney
Company seal (Stamp)
Current Account Terms and Conditions
Dormant account service charge has been changed; please kindly contact the bank Customer Care Unit for additional information.
The minimum initial deposit for opening and maintaining a Current Account is US$500 or the equivalent in other currencies.
In case the current account is closed within three (3) months from the date of opening, a administrative handling fee of US$15 will be charged.
The Bank holds itself free of any legal claims in case of misuse of cheques issued (if any). It is the sole responsibility of the account holders to safeguard their cheques.
Cheque and other financial instrument deposits will be credited to the depositor's account upon final confirmation of the issuing bank or after clearing advise.
Junior Account
Plant today, we take care of it, and let your child get the fruits tomorrow.
Parents know that a child’s education with international standards until High School, College or University graduation is costly.
It is part of our (the parents) responsibility to give a child the best education possible to start their future. This is why financial planning way ahead is so essential.
We at Canadia Bank offer an amazing investment vehicle and a safe place to build up your today's investments for the child’s tomorrow. It is called “Canadia Bank Junior Account”
Features of Junior Account:
Opened in the name of the child with parents account power of attorney.
Offered in USD.
The account can only be closed / withdrawn, when the child reaches the age of 18
Very high interest rate (may vary from year to year, however on very competitive level)
Interest is calculated on the outstanding balance of the day and credited to the account at the end of every year
Terms and conditions for opening the account:
Opening minimum deposit is US$1,000, maximum deposit per year US$10.000
Birth certificate of the child
Photo of the child (4*6) 2 pieces
The identification card of the parent or guardian, or the family certificate
Elite Account (Saving & Current)
Term & Conditions | Data Protection & Privacy Statement © Copyright canadiabank.com, inc 2011-2012. All rights reserved.
No endorsement or approval of any third parties or their advice, opinions, information, products or services is expressed or implied by any information on this Site or by any hyperlinks to or from any third party websites or pages. Your use of this website is subject to the terms and conditions governing it. Please read these terms and conditions before using the website.
While waiting in our hospitality room in a relaxed atmosphere for your bank transactions to be rocessed, our courteous relationship officers will serve you refreshments such as coffee, tea and soft drinks. The waiting room is equipped with a digital flat TV to watch financial or other news from around the world. Of course daily newspapers, magazines and bank service details are also available.
Terms and Conditions:
The minimum deposit to open an Elite Account is US$10,000.
The minimum balance for maintaining the account is US$ 10,000. A monthly service fee of US$ 10 will be charged if minimum balance requirement is not maintained.
If the account holder closes his/her account within three (3) months a handling fee of US$ 15 will be deducted from his/her account.
The replacement fee for a lost or stolen Elite Pass book is US$10. The account holder has to inform the bank immediately in such event.
Elite Account Holder’s Benefits:
Save time on bank transactions
All transactions are private and confidential
Priority on Bank’s service and product lines
Service can be offered at Key account holder’s premises (Office and Residence)
2% interest rate per year
Free of Charge on Elite Banking ATM Card Service for 3 year
Free of Charge the first year for Credit Card and 50% discount for the second and third years.
20% discount on the published rates at the Independence Hotel (4-star), located in Sihanouk Ville.
10% discount on ticket purchases at Cambodia Cultural Village in Siem Reap
10% discount on space rental at the Wedding Plaza Koh Pich.
Free of charge for the printing of Savings Account Statements.
1% discount on any purchase of Canadia Group real-estate projects
Free of charge parking at Sorya and Sovanna Shopping Malls.
Free of charge for two Cheque Books per month.
50% discount on fund transfer services to all Canadia Bank’s branches.
Free of charge for Bank Reference Letters
Offer special rate for Telegraphic transfers
Payroll Service free of charge transaction Disposal
50% discount for ATM card of payroll Staff
50% discount for Credit Card of payroll staff
Note: The bank reserves the right to change the offering of the benefits at its discretion.
SME Loan
In 2003 Canadia Bank was appointed by the Kreditanstalt of Wiederaufbau ( KFW) , a state-owned Development Financial Institution in Germany, as the Project Executing Agency to implement its SME medium-term lending program in Cambodia.
The primary mission of Canadia Bank's SME lending program is to provide wide financial services to support the economic activities of the population of Cambodia.
Our goal at Canadia Bank is to assist Small and Medium Enterprises with their expansion plans. Specialized Credit Officers work with Cambodian Business Owners and help them develop their business by providing credit for machinery and other equipment.
The minimum loan amount is US$10,000 and the maximum is US$200,000 for terms between 3 to 5 years. We conduct a financial assessment on the financial potential of your expansion.
Loan amounts: US$ 10,000 to US$ 200,000
Purpose of loan: Machinery, equipment and investment in productive assets
Term: 3 to 5 years
Interest rate: 1% per month
Processing fee: 2% per annum on outstanding balance
Condition of granting loan: Sound cash flow which covers debt service
Housing Loan
To support the promotion of housing products in Cambodia, we provide housing loans to individuals. Our purpose is to increase the level of home ownership within the middle-income segment of the population.
Buy your own home
Home renovations
Flexible repayment options of up to 8 years
Competitive interest rates and fees
Loan amount according to customer needs
Consumer Loan
Buy your new or used car
Furnish your home
Home equipment and utilities
Flexible repayment of up to 4 years
Competitive interest rates and fees
Easy monthly installments
Commercial Loan
Commercial Loans are loans granted for business purposes to individual or corporate borrowers. Commercial loans include different types as bellow :
Overdrafts facilities:
Overdrafts facilities are loans with a duration of up to one year allowing the borrower to draw down amounts within the overall approved credit line.
Fixed Loans
1. Short Term Loans are loans up to 12 months. These loans are for working capital purposes. Repayment of the full amount is required at maturity date.
2. Long Term Loans are loans granted for machinery and equipment investment and other purposes over 1 year (generally up to 4 years). Long term loans are on amortizing basis.
Interest rate / fees are very competitive, in general calculated on a monthly basis, details need to be discussed with our Commercial loan management / loan officers.
Letter of Credit Facilities
We offer documentary letter of credit facilities to qualified corporate or individual business loan applications for up to one year (exceptions possible). Facilities include documentary import letter of credit, export letter of credit and trust receipts.
Other Bank Guarantee as such :
Bid Security, Advance Payment Guarantee, Performance Guarantee, Bank Confirmations and references, Retention Guarantees, among others .
MoneyGram
MoneyGram is the fastest electronic remittance that your money can be wired to any corner of the world through us within minutes under a working arrangement with MoneyGram Company of America. It is a fast, safe, easy, reliable and convenient way to send or receive money in minutes around the world. There is no other service to match it for speed and simplicity.
We have a global reach through our network of 152,000 local agents across 180 countries and territories - giving you real convenience and flexibility. So with MoneyGram you are never far away from a fast and easy money transfer.
Secure and Reliable
An extensive network of quality agents, linked by computer, will transfer your money safely and ensure that it is handled with care and without delay. Thousands of people already use the MoneyGram service all over the world. It is trusted for its reliability and security.
Term & Conditions | Data Protection & Privacy Statement © Copyright canadiabank.com, inc 2011-2012. All rights reserved.
Convenient and Fast
MoneyGram is available in over 180 countries and in more than 152,000 locations worldwide. With MoneyGram, your money is transferred immediately and usually arrives at the receiving end in 10 minutes. Other services can take days or weeks. There are no complicated procedures and you don't need a bank account or credit card. What's more, the receiver is handed the cash immediately.
No endorsement or approval of any third parties or their advice, opinions, information, products or services is expressed or implied by any information on this Site or by any hyperlinks to or from any third party websites or pages. Your use of this website is subject to the terms and conditions governing it. Please read these terms and conditions before using the website.
Free message service
There's also an added personal touch - you can include a 10 word message with every transaction at no extra cost.
When to use MoneyGram service?
When working overseas and needing to send money back home to your family.
When needing to send cash to a friend, relative or even an employee in a different country or city.
In an emergency when travelling, e.g. your wallet is lost or stolen or you need money to return home.
When a son or daughter has run out of cash while on holiday, or away at school, and needs money urgently.
SWIFT
Canadia Bank Swift Code : CADI KH PP
Outward Remittance
Remittance Amount (US$) Service Charge (US$)
Less or Equal 5,000 30
From 5,001 To 10,000 35
More Than 10,000 0.2% + 20 (Cable Fee)
Inward Remittance
Remittance Amount (US$) Service Charge (US$)
Less or Equal 5,000 10
From 5,001 To 10,000 20
More Than 10,000 0.1% + 15 (Cable Fee)
Outward Remittance to China (For Chinese Staff Only)
Remittance Amount (US$) Service Charge (US$)
Less or Equal 5,000 15
From 5,001 To 10,000 17
Local Money Transfer
Remittance from branch in one province to another brance in another province, or branch in province to branch in Phnom Penh, or branch in Phnom Penh to branch in province
Remittance Amount Service Charge
Less Than 2,000 US$ 2 US$
More Than 2,000 US$ 0.1%
Less Than 100,000 Baht 150 Baht
More Than 100,000 Baht 0.15%
Less Than 10,000,000 Riel 20,000 Riel
More Than 10,000,000 Riel 0.2%
Cheque from our branches in provinces withdraw in head office or branches in Phnom Penh or vice-versa
Cheque Amount Service Charge
Less Than 2,000 US$ 2 US$
More Than 2,000 US$ 0.1%
Money Delivery
Limitation
Minimum Amount : US$ 30,000.00
Maximum Amount : US$ 500,000.00
Service Charge
Deliver Amount Service Charge
US$ 30,000.00 to US$ 50,000.00 US$ 30
US$ 50,001.00 to US$ 100,000.00 US$ 45
US$ 100,001.00 to US$ 200,000.00 US$ 55
US$ 200,001.00 to US$ 300,000.00 US$ 65
US$ 300,001.00 to US$ 400,000.00 US$ 75
US$ 400,001.00 to US$ 500,000.00 US$ 85
Insurance Premium
Deliver Amount Insurance Fee
US$ 30,000.00 to US$ 50,000.00 US$ 65
US$ 50,001.00 to US$ 100,000.00 US$ 65 or 0.10%
US$ 100,001.00 to US$ 200,000.00 US$ 100 or 0.06%
US$ 200,001.00 to US$ 300,000.00 US$ 120 or 0.05%
US$ 300,001.00 to US$ 500,000.00 US$ 150 or 0.04%
Terms and Conditions of Insurance to be cared
- Coverage : Burglary, Robbery and Gang Robbery (M.1)
- Coverage Insuring : Loss of money outside the premises whilst being in transit between insured premises and any premises of their customer within Phnom Penh;
- Limit of Liability : US$ 500,000.00 (Per occurrence and in aggregate)
- Deductible : 5% of loss or min. US$ 3,000.00 for each and every loss whichever is higher;
- Exclusion : Terrorism, War, Civil Commotion
- Warranty : The insured warranted that there is one bank representative, one ultimate firm representative that will go along with three body guards all the route during in transit by armored car only and provided that this warranty is included in the condition of insurance contract;
- Canadia Bank will settle the lost directly with our customer;
- Claim proceeding time may base on the investigation and compensation by the insurance company;
- No compensation will be taken if the lost was due to infidelity means;
* Asia Insurance is the insurer of Canadia Banks Money Transit insurance.
Bank Guarantee Services and Bank Confirmations
Canadia Bank can act as a trustee for customers and issue the following guarantees or confirmations:
Bit Security Guarantee
Performance Guarantee
Bank Reference
Retention Guarantee
Advance Payment Guarantee
Tender Bond
Letter of Confirmation
Documents required
In order to issue the guarantee or confirmation letter for customer, the following documents will be required :
Identity Card or Passport
Memorandum or Articles of Association
Business Registration Certificate
Patent
Letter of Attorney and Stamp of the Company
Bid Document or Agreement
Foreign Exchange
The following are the currencies that available for Canadia Bank:
Code Currency
AUD Australian Dollar
CAD Canadian Dollar
CHF Swiss Franc
CNY Chinese Renmimbi
EURO EURO
GBP British Pound
HKD Hong Kong Dollar
JPY Japanese Yen
NOK Norweigain Krone
NZD New Zealand Dollar
SEK Sweden Kronor
SGD Singapore Dollar
TWD New Taiwan Dollar
T.C Traveler's Cheque
M.O Money Order
O.C Order Cheque
Traveler's Cheque
American Express offers Travellers Cheques in nine currencies and numerous denominations
Currency Denomination
US Dollar 20 50 100 500 1,000
Australian Dollar 20 50 100 200
Pound Sterling 20 50 100 200 500
Canadian Dollar 20 50 100 500
European Euro 50 100 200 500
Swiss Franc 50 100 200 500
Japanese Yen 10,000 20,000 50,000
Saudi Riyal 50 100 500 1,000
South Africa Rand 100 200 500
Trade Finance Service
Through our overseas correspondent-bank network, we provide import and export trade finance, which includes the issue and advice of Letter of Credit, import/export advance drawn under Letter of Credit, Documentary Bills of Exchange and clear bill collection.
Please visit our Letter of Credit Advising Bank in various countries as below:
Australia
Belgium
Cambodia
Canada
China
England
France
Germany
Hong Kong
Indonesia
India
Italy
Japan
Korea
Malaysia
Mexico
Netherlands
Panama
Philippines
Portugal
Russia
Singapore
Spain
Swizerland
Taiwan
Thailand
USA
Vietnam
Bank Swift Code
AUSTRALIA
Bank of America - Sydney BOFAAUSX
BNP Paribas - Sydney BNPAAU2S
Commonwealth Bank of Australia - Sydney CTBAAU2S
BELGIUM
Bank of America - Anterwepen BOFABE3X
Banque Bruxelles Lambert S.A - Brussels BBRUBEBB
CommerzBank - Brussels COBABEBB
CAMBODIA
Foreign Trade Bank of Cambodia - Phnom Penh FTCCKHPP
CANADA
Bank of America - Toronto BOFACATT
BNP Paribas - Montreal BNPACAMM
Caisse Centrale Desjardins - Montreal CCDQCAMM
HSBC Bank of CANADA - Montreal HKBCCATT
CHINA
Bank of America - Beijing BOFACN3XBEI
Bank of America - Guang Zhou BOFACN4X
Bank of America - Shanghai BOFACN3X
Bank of China - Beijing BKCHCNBJ
BNP Paribas - Guang Zhou BNPACN22
BNP Paribas - Beijing BNPACNBJ
BNP Paribas - Shen Zhen BNPACN22SZN
BNP Paribas - Tianjin BNPACNBT
CommerzBank - Shanghai COBACNSX
ENGLAND
Bank of America - London BOFAGB22
BNP Paribas - London BNPAGB22
CommerzBank AG - London COBAGB2X
Commonwealth Bank of Australia - London CTBAGB2L
Wachovia Bank - London PNBPGB2L
Standard Chartered Bank - London SCBLGB2L
FRANCE
BNP Paribas - Paris BNPAFRPP
Bank of America - Paris BOFAFRPP
GERMANY
Bank of America - Frankfurt BOFACEFX
BNP Paribas - Frankfurt BNPADEFF
Veriens-UND Westbank - Hamburg VUWBDEHH
HONG KONG
Bank of America - Hong Kong BOFAHKHX
BNP Paribas - Hong Kong BNPAHKHH
CommerzBank AG - Hong Kong COBAHKHX
Commonwealth Bank of Australia - Hong Kong CTBAHKHH
CTB Australia Limited - Hong Kong CTBAHKHHBKG
Hang Seng Bank - Hong Kong HASEHKHH
HSBC Bank - Hong Kong HSBCHKHH
Nang Yang Commercial Bank - Hong Kong ICBCHKHH
International Commercial Bank of China - Hong Kong NYCBHKHH
Standard Chartered Bank - Hong Kong SCBLHKHH
Union Bank of Califonia - Hong Kong BOFCHKHH
Wachovia Bank - Hong Kong PNBPHKHH
INDONESIA
ABN AMRO Bank - Jakarta ABNAIDJA
Bank Of America - Jakarta BOFAID2X
BNP Paribas - Jakarta BNPAIDJA
CITI Bank - Jakarta CITIDJX
Standard Chartered Bank - Jakarta SCBLIDJX
INDIA
Bank of America - Mumbai BOFAIN4X
Bank of America - New Delhi BOFAIN4XDEL
BNP Paribas - Mumbai BNPAINBB
BNP Paribas - Mumbai BNPAINBB
Standard Chartered Bank - Mumbai SCBLINBB
ITALY
Bank of America - Milano BOFAIT2X
BNP Paribas Italia - Milano BNPAITMM
Cassa Dei Risparmidi Forlis Spa - Milano CRFOIT2F
CommerzBank AG - Milano COBAITMM
JAPAN
Bank of America - Tokyo BAOFAJPJX
BNP Paribas - Tokyo BNPJPJT
CommerzBank AG - Tokyo COBAJPJX
Commonwealth Bank of Australia - Tokyo CTBAJPJT
Standard Chartered Bank - Tokyo SCBLJPJT
union Bank of California - Tokyo BOACJPJT
Wachovia Bank - Tokyo PNBPJPJX
KOREA
BNP Paribas - Seoul BNPAKR2X
Korea Exchange Bank - Seoul KOEXKRSE
Union Bank of Califonia - Seoul BOFCKRSE
Wachovia Bank - Seoul PNBPKRSX
MALAYSIA
Bank of America - Kuala Lumpur BOFAMY2X
CommerzBank AG - Labuan COBAMYKA
Standard Chartered Bank - Kuala Lumpur SCBLMYKX
United Oversea Bank Limited - Kuala Lumpur UOVBMYKL
MEXICO
Bank of America - Mexico BOFAMXMX
BNP Paribas - Mexico BNPAMXMX
NETHERLANDS
Bank of America - Amsterdam BOFANLNX
BNP Paribas - Amsterdam BNPANL2A
PANAMA
BNP Paribas - Panama BNPAAU2S
PHILIPPINES
Equitable PCI Bank - Manila PCIBPHMM
Asian Development Bank - Manila ASDBPHMM
Bank of America - Manila BOFAPH2X
BNP Paribas - Manila BNPAPHMM
Union Bank of California - Manila BOFCPHMM
PORTUGAL
BNP Paribas - Lisbon BNPAPTPL
RUSSIA
Bank of America - Moscow BOFARUM1
SINGAPORE
Bank of America - Singapore BOFASG2X
BNP Paribas - Singapore BNPASGSG
CITI Bank - Singapore CITISGSG
Commonwealth Bank of Australia - Singapore CTBASGSG
United Oversea Bank LTD. - Singapore UOVBSGSG
Standard Chartered Bank - Singapore SCBLSGSG
SPAIN
Bank of America - Madrid BOFAES2X
BNP Paribas - Madrid BNPAESMM
SWITZERLAND
CommerzBank AG - Zurich COBACHZX
TAIWAN
Chang Hwa Commercial Bank - Taipei CCBCTWTP
HSBC Bank - Taipei HSBCTWTP
Hua Nan Commercial Bank - Taipei HNBKTWTP
Bank of America - Taipei BOFATW2X
BNP Paribas - Taipei BNPATWTP
Union Bank of California - Taipei BOFOTWTP
BNP Paribas - Saihsiung BNPATWTPKAO
BNP Paribas - Taichung BNPATWTPTCG
Wachovia Bank - Taipei PNBPTWTP
THAILAND
Bank of America - Bangkok BOFATH2X
BNP Paribas - Bangkok BNPATHBK
Krung Thai Bank Public - Bangkok KRTHTHBK
UOB Radanasin Bank Public - Bangkok RSBXTHBK
Standard Chartered Bank - Bangkok SCBLTHBK
USA
ABN Amrobank N.V. - New York ABNAUS33
Bank of America - Sanfrancisco BOFAUS6S
Bank of America - New York BOFAUS3N
Bank of China - New York BKCHUS33
BNP Paribas - New York BNPAUS3N
Commerz Bank AG - New York COBAUS3X
Credit Lyonnais - New York CRLYUS33
Northern Trust Company - Chicago CNORUS44
HSBC Bank - New York MRMDUS33
Standard Chartered Bank - New York SCBLUS33
Sovereign Bank - New York SVRNUS33
Union Bank of Califonia - New York BOFCUS33
Wachovia Bank - New York PNBPUS3NNYC
VIETNAM
Bank of Foreign Trade of VN (All offices in VN) BFTVVNVX
HSBC Bank - Ho Chi Minh HSBCVNVX
BNP Paribas - Ho Chi Minh BNPAVNVN
Standard Chartered Bank - Hanoi SCBLVNVX
Foreign Investor Consultancy Services
Foreign investors seeking information on investment opportunities and incentives, regulations pertaining to company formation and factory establishment are welcomed to contact our Foreign Investors Consultancy Services Department that provides advisory on investment opportunities in the country.
Real Estate Brokerage and Trustee Services
Through our Legal Department, we also provide brokerage and trustee services for rentals, sales and purchases to ensure the smooth transfer of property from buyers to sellers.
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