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Foreign Currency Account

The Foreign Currency Account offers customers multiple options for opening an account in one of nine available currencies. It is most suitable for customers who frequently make and receive overseas transactions. The account currencies are AUD, EUR, SGD, THB, VND, JPY, HKD, CAD, and GBP.

FOREIGN CURRENCY ACCOUNT

The Foreign Currency Account offers customers multiple options for opening an account in one of nine available currencies. It is most suitable for customers who frequently make and receive overseas transactions. The account currencies are AUD, EUR, SGD, THB, VND, JPY, HKD, CAD, and GBP.

Eligibilities and Document Requirement

Individual:

  • Be 18 years old and above
  • Valid Nation Identify and Passport

Foreigner:

  • Valid Passport, Valid Visa 6 months
  • Rental Contract
  • Employment Contract.


Key Benefits and Features

  • Unlimited deposit and withdrawal transaction
  • Opening account with 9 available currencies
  • Initial deposit USD 100 equivalent to foreign currency
  • No minimum ongoing balance
  • Free to access mobile banking

Fees and Charge

  • Dormant fee USD 5
  • Early closure fee within 6 months USD 10

Witholding Tax

  • Resident is 4%
  • Non Resident is 14%

Terms and Conditions
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    Note :

    • One customer is only allowed to open one foreign currency with the same currency, but one customer can hold multi-foreign currency accounts with different currencies.
    • The table rate displays are indicated for the day and subject to change without prior notice according to exchange rate fluctuation in the market. For the latest update please contact to treasury team or visit your nearest MBCambodia branch.
    • The balance in the foreign currency account can increase or decrease in value when converted to USD currency according to the exchange rate offer by MBCambodia on the transaction accrue.
    • FCA account is not allowed for the OD usage or upgrade to premier banking account.
    • Other condition will be impose from time to time subject to business need in line with the MBCambodia‘s business plan.