Current Account

Customers who wish to open an account as a payment method via cheque or money transfer for their daily business operations.

Currency	Annual Interest Rate
United States Dollar (USD)	0.50%
Khmer Riel (KHR)	0.75%

Special Offer	Track transaction reports and receive money transfers into accounts via ARDB Mobile Support KHQR Merchant 1 chequebook provided
Eligibility	Legal entities or individuals aged 15 years or older
Currency	KHR / USD
Minimum Opening Balance	500 USD / 2 000 000 KHR
How to open account	ARDB Head Office or branches Open an account through a sales officer or mobile unit officer in the provinces
Interest Payment	Interest accrues daily and is credited to the customer’s account at the end of every quarter
Withholding Tax on Interest	4% for Resident Individual 14% for Resident Legal Entity
Deposit	ARDB Head Office / Branches Via ATM Transfer via ARDB Mobile app
Withdrawal	ARDB Head Office / Branches Vai cheque
Account Closure	ARDB Head Office / Branches (cross-branch closure available) Return remaining cheques
Note	Interest rates are subject to change at any time according to the decision of the Asset and Liability Management Committee (ALCO).

Required Documents

Application for opening account as business (bank’s form)
Original ID and passport with signature of authorized person
Original MOU and Statues with signature of company’s director
Certificate of incorporation issued by Ministry of Commerce or QR code registration certificate
Original decision of board director on authorize for signatory and term
Original ID or passport of company director or shareholder
Business patent (if any)
Business license issued by related ministry and/or authorities (if any)
First minimum deposit is 500 USD or 2 million KHR