Description

The Fixed-term account is a low-risk investment which gives a high return from the fixed interest rate depending on the customer’s selection period; It also helps the customers for their future’s financial planning. This product is suitable for the customers who have a sum of money but do not want to use at the present time.

Benefits

Shall receive the return from the high interest rate depending on the customer’s selection period.

Can be used as collateral for loans.

The fixed interest and the account balance can be checked via passbook.

The bank will automatically renew the account term after the maturity date.

Can be used as a guarantee of for the financial position.

The update of the interest can be checked on TCB’s website. (www.TCB-bank.com.kh)

Fees

No Charge.

(Remarks: Fees are referred to the announcement of TCB in each period)

Regulations

The account owner must keep the Passbook in a safe place, and in case of any losses, must inform the bank immediately

If issuing a new passbook (due to the loss/damage/dirt), a charge will be applied, according to the current regulations announced by the bank.

The passbook must be used only by the account holder, the right cannot be transferred.

Every time of withdrawal or change of the deposit account information, the account owner must present the Passbook to the bank at all time.

If the depositor have changed his/her name/surname/address, the customer must inform the bank immediately.

If the depositor is unable to withdraw or close the account by himself/herself, the depositor must write a power of attorney letter to authorize someone who will act on his/her behalf. The power of attorney letter should include date, the representative’s name, amount, A/c name & number with a signature of the depositor which complied with the conditions of the bank. The depositor must also provide the Passbook and his/her ID Card or Passport to the representative to present to the bank.