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Our Term Deposit product offers a smart and secure way to grow your savings with an incredible interest rate of up to 9% per annum. Experience the peace of mind that comes with guaranteed returns and a range of flexible options to suit your financial goals.

Interest Rate p.a.

Term

Interest at Maturity

Interest at Monthly

USD

KHR

USD

KHR

1 month

3.65%

3.90%

N/A

N/A

2 months

3.85%

4.10%

3.60%

3.85%

3 months

4.00%

4.25%

3.75%

4.00%

4 months

4.10%

4.35%

3.85%

4.10%

5 months

4.25%

4.50%

4.00%

4.25%

6 months

4.75%

5.00%

4.50%

4.75%

7 months

4.85%

5.10%

4.60%

4.85%

8 months

5.00%

5.25%

4.75%

5.00%

9 months

5.25%

5.50%

5.00%

5.25%

10 months

5.50%

5.75%

5.25%

5.50%

11 months

5.75%

6.00%

5.50%

5.75%

12 months

7.50%

7.50%

7.25%

7.25%

18 months

7.50%

7.50%

7.25%

7.25%

24 months

7.50%

7.50%

7.25%

7.25%

36 months

8.00%

8.25%

7.75%

8.00%

48 months

8.00%

8.50%

7.75%

8.25%

60 months

9.00%

9.00%

8.50%

8.50%

Benefits

  • Fast and easy, can open anywhere, anytime via the Wing Bank app or Wing Bank branches.
  • Earn a high-interest rate on your savings.
  • Safe investment that allows you to earn regular interest income without any risk of losing your principal amount.
  • Flexible tenure and renewal options.
  • No additional fees or charges.

How to Apply

  • Have a Cambodian National ID Card or Passport.
  • Have a Wing Savings or Current account.
  • Visit any nearby Wing branch or open a term deposit account via the Wing Bank app.

Simple Conditions

Minimum Deposit
  • USD10 / 40,000 KHR
    		•

    Interest Payment
  • Monthly
  • At Maturity
  • At Account Closure
    		•

    Deposit Method
  • At all Wing Bank Branches
  • Via Wing Bank App
    		•

    Term Deposit Certificate
  • Free – Original Issue
  • USD5 / 20,000KHR (Re-issue)
    		•

    Withdrawal/Redemption
  • At all Wing Bank branches
  • Full deposit amount at maturity
  • Full deposit amount at account closure
  • Partial withdrawal – NOT ALLOWED
    		•

    Premature Withdrawal
  • At all Wing Bank branches/ Via Wing Bank App
  • Saving Account’s interest rate will be applied if customers using savings accounts.
  • No interest rate given if customers using current accounts.
    		•

    Mode
  • Close at Maturity – You will receive both your principal and interest back into your savings or current account at maturity.
  • Rollover Principle – Your term deposit account will automatically renew for the same term and interest rate at maturity, with the principal amount remaining the same.
  • Rollover Principle & Interest – Your term deposit account will automatically be renewed for the same term and interest rate at maturity, with the principal amount increasing to include the accrued interest.
    		•

    Withholding Tax
  • 6% for resident
  • 14% for non-resident
    		•

    FAQs 

    • 1. How many term deposit accounts can I have?

      There is no limit. You can have as many term deposit accounts as you want.

    • 2. How can I request a term deposit certificate?

      You can request your term deposit certificate by visiting a nearby Wing Bank branch to get it printed for you.

    • 3. Can I open a term deposit account with a current account?

      Yes, you can, but in case of premature withdrawal, you will not get any interest.

    • 4. How can I know if the interest was paid to my savings or current account?

      You will receive a notification with the amount of interest you have earned via Wing Bank App

    • 5. Will this new interest rate apply to existing term deposit accounts?

      Only new term deposit accounts and rollover from existing accounts will be applied with new rate 

    • 6. What happens if I close my term deposit account before the maturity date?

      You can close your term deposit account and withdraw money at any Wing Bank branch without any fee. If you withdraw your money before the maturity date of your term deposit, you will earn the interest rate of a savings account, or no interest at all, depending on the type of account you have.