Saving Account

A Saving Account offers clients an easy and simple way to Withdraw, Deposit, and Transfer money at any time and any place with no limitation. It is the best choice for clients who want to keep their money safe and also for those who need to use money daily. Open a saving account with LOLC now, you will be able to manage your cash flow and achieve your financial goal by reducing risk and cutting down any unnecessary expenses, thus increasing the efficiency of your cash management.


Benefits

  • Get high interest income
  • Your money will be kept safely and securely
  • Multiple currency choices: KHR, USD and THB
  • Deposit and withdraw, and Transfer money during business hours at any LOLC office
  • Able to request for ATM card and perform any transactions under CSS members for free of charge
  • Able to register iPay Cambodia and perform any transaction for free of charge 

Document Required:

  • For Individual Customer:
     - Valid National ID or
     - Valid Passport
  • For Corporate Customer: 
     - Valid National ID/Passport of signatory(-ies) *
     - Memorandum and Articles of Association*
     - Business Registration Certificate (Digital Form can be accepted) *
     - Certificate of Tax Registration (VAT)/Patent Tax*
     - Letter of Authorization or Board Resolution*
     - Other documents (if available).

 GENERAL TERMS AND CONDITIONS

Product Features:

No Features Descriptions
1 Currency Type KHR, USD, THB
2 Initial Deposit/Minimum Balance Optional for initial balance
3 Interest Payment Interest is accrued daily and capitalized at every month end
4 Account Type  Individual Account 
 Joint Account
 Corporate Account
5 Transaction Channel At LOLC counter during business hours  
  Through iPay Cambodia  
  Though ATM Machine 24/7 under CSS Members  
 Through e-Banking/Internet Banking
6 Withholding Tax  4%  Resident
 14% Non-resident
 0% Bank/Microfinance/ Government


Saving Interest Rate:

Individual/Non-Financial Institution Individual/Non-Financial Institution Financial Institution
KHR/USD THB KHR/USD/THB
3%  1%  1%


Fee Charge:

No Description Fee charge
KHR USD THB
1 Request for new Savings Passbook (lost or damaged)  20,000 5.00 200
2 Request for Account Balance Confirmation 20,000 5.00 200
3 Dormant account’s annual fee charge 20,000 5.00 200
4 Request to Close Savings Account before one month after opening date 20,000 5.00 200

  • LOLC reserves the right to change any terms and conditions without prior notice

How to Apply:

  • At any LOLC office to apply for the service
  • Customer can also Apply loan here.

How to Apply for Loan


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Need to loan advies? Talk to our loan advisors.

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(+855) 23 991 991 



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