Future Account


 Future Account is a kind of saving product having a specific agreement with monthly fixed deposit amount, term, and interest rate. With this Future Account, Customer is required to deposit every month by following conditions stated in the agreement. This saving product was developed for customer having regular income and wanting to save money to achieve their future plan such as purchasing house, bike, car, consumption material, or increasing capital or saving for retirement, reservation and supporting their child education etc.

 INTEREST RATE

Account Type

Amount

Term (Months)

Annual Interest Rate

KHR

USD

THB

 Future Account /Future Account-Non Resident/

 

 <100USD/ 400,000KHR/ 4,000THB 

03 – 09 months

5.35%

4.60%

4.60%

10 - 18 months

6.30%

5.55%

5.55%

19 - 24 months

7.60%

6.60%

6.60%

25 - 36 months

8.85%

7.85%

7.85%

37 - 120 months

9.10%

8.10%

8.10%

 ≥100USD/400,000KHR/  4,000THB 

03 - 09 months

5.50%

4.75%

4.75%

10 - 18 months

6.45%

5.70%

5.70%

19 - 24 months

7.75%

6.75%

6.75%

25 - 36 months

9.00%

8.00%

8.00%

37 - 120 months

9.25%

8.25%

8.25%


FUTURE ACCOUNT CALCULATOR

Note:  KREDIT reserves all right to change the interest rate if necessary. Interest Rate of Future Account for Bank/MIF shall be approved by ALCO.

 PRODUCT FEATURES

Product Features Descriptions
 Inital Deposit  Equal Monthly Deposit
 Minimum Monthly Deposit  USD 5 or KHR 20,000 or THB 200
 Tax deduction

 

 -Resident 6%
 -Non-resident 14%
 -No withholding tax on interest receive for banks or MFIs.
 Deposit /Withdrawal

 


 -Deposit into his/her saving account or staff saving account  (for KREDIT’s staff) linked settlement with the Future Account. The amount will be settled based on due date.
 -Withdrawal at the maturity date
 Agreement of Future Account  Provide Agreement of Future Account
 Break Term Account

 

 Customer must notice KREDIT 30 days in advance and agrees to receive interest as rate of saving account

 

 Other conditions

 

 Customer is required to have a saving account or staff saving account (KREDIT’s staff) for settlement with the Future Account with the same currency.

 


 Requirement documents for opening account

Customer Individual

CORPORATE CUSTOMER

One of the following identity as below:

  • Identity Card (in Accordance with the law of the card validity)
  • Passport (Validation)
  • Family book with photo (Head of Family)
  • Monk ID
  • Or other related equivalent documents.
  • Board of Director Resolution or Authorized Letter for Opening Account
  • Or copy of Article of Association (AOA)/ Business Registration certificate/ Patent
  • And a copy of legal Identity with initial signature of authorizer

 The Application forms are required to fill for opening account :

Individual Customer

                               Corporate Customer
  • Individual customer information V1.1  Download 
  • Saving account application V1.4 Download 
  • Term deposit account application V1.4 Download 
  • Multi term deposit account application V1.4 Download 
  • Create or change of join account information (if any) V1 Download 
  • Corporate customer information V1 Download 
  • Saving account application V1.4 Download 
  • Specimen signature for corporate account V0 Download 
  • Multi term deposit account application V1.4 Download 

 

 CONTACT US :  (855) 23 93 00 00/ 89 98 9818