Best Child Account is a non-compulsory saving product designed to meet the needs of the parent or relatives who wish to save for their children below 18 years old as well as the children who intent to save for themselves in order to achieve their children's future goal such as higher education, business, startup etc ..

Conditions

Currency

KHR or USD

Minimum Initial Deposit

KHR 4,000 or USD1

Annual Interest Rate for KHR*

9.60%

Annual Interest Rate for USD*

7.25%

Deposit Conditions

  • Minimum deposit per transaction: KHR20,000 or USD5
  • Deposit anytime during working hour.
Withdrawal Conditions
  • When the child reaches 18 years of age
Eligibility Conditions
  • For child: only children under 18 years old
  • For parent(s) or guardian: individual and legal person

* Other conditions are applied

All rates and account conditions are subject to change from time to time without prior notice.

Benefits

  • No fees charged for account opening.
  • Safe and reliable account
  • Social contribution to the poor, especially to children receiving loans from VisionFund
  • Free savings passbook
  • Increasing your child’s wealth and encouraging your children to develop a healthy savings habit
  • Having a financial plan for the future
  • High Interest Rate
  • Interest as accrued daily and capitalized monthly

Requirements

For Children:

  • Birth Certificate or
  • Student Card or
  • Family Book (must bear the child’s name) or
  • Resident Book (must bear the child’s name)
  • Letter Confirming Address from Local Authority

For Parent (s)/Guardian (s):

  • National ID card or
  • Passport which is valid for at least 3 months or
  • Driving license, or
  • Family Book (For family member, attach another documents with portrait/photo such as voter ID, Vehicle Registration, employment card, etc.)
  • Birth Certificate or resident book (attach another documents with portrait/photo such as voter ID, Vehicle Registration, employment card, etc.)

How to apply

Please Contact us at 023 96 3333 for more  information