Term Deposit

September 23, 2022

Term Deposit

A Safe and secure source of passive income that offer the risk-free and stable growth of your asset of up to 8% annually as interest rate.

Wing’s Term Deposit Accounts give you the high return of investment of up to 8% p.a as interest. This is the fast and easy way to invest your money and let the money work for you. You can deposit and get this high interest rate at all of Wing Branches or you can deposit your money with Wing Bank App anytime, anywhere at the convenience of your mobile phones.

How to Apply

  • You will need your Cambodian National ID Card or Passport
  • You need to have a Wing Savings Account first
  • Visit any nearby Wing Branches
  • Or Via Wing Bank App

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  • Opening and viewing all your Term Deposit anywhere, anytime digitally via Wing Bank 4.0
  • Flexible interest payment method that enable getting interest income on monthly basis
  • High interest rate offers both in USD and KHR


Interest Rate (Both USD and KHR)

Maturity Monthly Maturity Monthly
1 Month 3.15% 3.15% 3.15% 3.15%
3 Months 3.25% 3.20% 3.25% 3.20%
6 Months 4.00% 3.75% 4.00% 3.75%
9 Months 4.50% 4.25% 4.50% 4.25%
12 Months 5.50% 5.25% 5.50% 5.25%
18 Months 5.75% 5.50% 5.75% 5.50%
24 Months 6.00% 5.75% 6.00% 5.75%
36 Months 7.00% 6.75% 8.00% 7.75%


Simple Conditions

Minimum deposit USD10/KHR40,000
Interest Payment Mode ·       By monthly

·       At maturity

·       At account closure

Term Deposit Certificate ·       Free – Original Issue

·       USD5 or 20,000KHR/Re-issue

Deposit Methods ·       Wing Bank Branches

·       Wing Bank App

Withdrawal/Redemption ·       Wing Bank Branches

·       Full deposit amount at maturity

·       Full deposit amount at account closure

·       Partial withdrawal – NOT ALLOWED

Early Redemption/Premature Withdrawal ·       At All Wing Branches

·       Saving Account’s interest rate will be applied if customers using saving accounts

·       No interest rate given if customers using current accounts


Withholding Tax ·       6% for resident

·       14% for non-resident

Mode ·       Close at Maturity – You will get both principle and interest back into Saving/Current Account at maturity

·       Rollover Principle – Your TD account will continue by itself with the same principle and the same term once it ends and the interest is paid to your Saving/Current Account at maturity

·       Rollover Principle & Interest – Your TD account will continue by itself with the new amount (principle + interest) with the same term once it ends and NO interest is paid to Saving/Current Account at maturity



How to Apply

  • You will need your Cambodian National ID Card or Passport
  • You need to have a Wing Saving Account first
  • Visit any nearby Wing Branches
  • Or Via Wing Bank App


  1. How many term deposit accounts can I open?
  • There is no limit. You can have as many term deposit accounts as you want.
  1. How can I request for a term deposit certificate?
  • You can request your term deposit certificate by visiting a nearby Wing Bank branch to get it printed for you
  1. Can I use a current account to open a term deposit account?
  • Yes, you can, but in case of premature withdrawal, you will not get any interest
  1. How can I know if the interest was paid to my saving/current account?
  • You will receive a notification with the amount of interest you have earned via Wing Bank App
  1. Will this new interest rate be applicable for the existing term deposit accounts?
  • Only new term deposit accounts and rollover from existing accounts will be applied with new rate
  1. What happen if I close my term deposit accounts before the maturity date?
  • Customers can close their term deposit and withdraw their money back as they want without any fee charge at any Wing Bank Branch
  • However, TD Account closure before term (Early Redemption/Breaking Term/Premature Withdrawal) will NOT get “the agreed” interest rate in the certificate at the time of opening the TD.
  • We will use the rate of the saving account that linked with the TD to calculate on a pro-rata basis for the duration

Current Account does not have interest rate.