Classic Package - BRED Bank Cambodia

Classic Package

Classic Package

Business banking made easy

Our Classic package makes it easy for your small to medium sized business to manage its money. We’ll help you grow your business by providing the products and services you need – as well as useful advice and support from your experienced Relationship Manager.

Classic features a combination of current and cash management accounts and also comes with online and smartphone banking options alongside our exceptional branch and call centre services. You’ll also get a business VISA debit card for cash withdrawals and electronic payments.

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Perfect for growing businesses

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Dedicated Relationship Manager

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Local and foreign currencies

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Branch-based and digital banking

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Business VISA debit card

  • USD and KHR current accounts
  • Linked savings account
  • International VISA debit card
  • Branch, internet and mobile banking
  • Additional foreign currency account options
  • 24-hour ATM access
Amounts in USD unless otherwise stated.
Fees
  • Monthly fee: $1
  • Below minimum average balance fee: $5
  • Dormancy fee (after 12 months): $5
  • Early closure fee (<3 months): $20
Interest rates
  • Current account: 0%
  • Savings account: 0.5% (balance >$1000)
Balance
  • Minimum opening balance: $500
  • Minimum average balance: $100
International VISA Card
  • Annual fee $15
  • ATM withdrawal limits
    • Daily BRED Bank ATMs: $1,000
    • Daily local bank ATMs: $1,000 + $1 per transaction
    • Daily International ATMs: $1,000 + 1% fee + $3 per transaction
    • Global monthly limit: $10,000
  • Card purchase limits
    • Daily limit: $5,000
    • Monthly limit: $10,000
    • Non-USD transaction fee: +2.5% for currency conversion
  • Cash advance limits
    • Daily BRED Bank POS: $1,000
    • Daily local bank POS: $1,000 (1% charge – minimum $5 USD)
    • Daily International ATMs: $1,000 (1% charge – minimum $5 USD)
    • Global monthly limit: $10,000
Cash advance limits
  • Daily BRED Bank POS: $1,000
  • Daily local bank POS: $1,000 (1% charge – minimum $5 USD)
  • Daily International ATMs: $1,000 (1% charge – minimum $5 USD)
  • Global monthly limit: $10,000
Fund Transfers
  • Intra BRED Bank Cambodia: FREE
  • Domestic:
    • Online $1
    • Over the counter $2
  • BRED France:
    • Inward FREE
    • Outward rate 0.17%
    • SWIFT fee $15
    • OUR fee† $25
    • Minimum fee $10
  • Europe:
    • Inward FREE
    • Outward rate 0.17%
    • SWIFT fee $15
    • OUR fee† $25
    • Minimum fee $10
  • Other:
    • Inward FREE
    • Outward rate 0.17%
    • SWIFT fee $15
    • OUR fee† $25
    • Minimum fee $10
†OUR fee is charged in addition to commission and SWIFT fees.

Standing orders
  • Intra BRED Bank Cambodia: FREE
  • Domestic (OTC): $2
  • Domestic (online): $1
  • Insufficient fund fee: $5
Cheques
  • Cheque book request:
    • $5 – 25 leaves
    • $10 – 50 leaves
  • Certified cheque: $5
  • Bank cheque NBC:
    • Issuance $10
    • Cancellation $5
    • Replacement $5
  • Bank cheque BBC:
    • Issuance $10
    • Cancellation $5
    • Replacement $5
  • Bank draft:
    • Issuance $10
    • Cancellation $5
    • Replacement $5
  • Cheque deposit:
    • BBC cheque FREE
    • Local cheque FREE
    • French bank $5 – credit subject to actual collection
      • – €7 cash advance subject to approval
  • Returned cheque:
    • Outwards $30
    • Inwards FREE
  • Stop cheque: $10
Bank confirmation
  • Account balance $10
  • Loan outstanding $10
  • Audit $10
Payroll
  • Online bulk processing FREE
  • Manual processing fee $10
  • Package fee per employee, per month FREE
POS
  • Transaction fee 2.5%
  • Wireless SIM card per month $5
  • Security deposit $500
  • Memorandum and Articles of Association (M&A) signed by all directors of the Company.
  • Certificate of Commercial Registration / Incorporation issued by the Ministry of Commerce or a printed version of Certificate of Registration with QR code.
  • Board of Directors Resolution to appoint signatories and account mandate.
  • Valid National ID or Passport of all Shareholders, Directors and Authorized Signatories.
  • Business Tax Patent (if applicable).
  • Business License issued by relevant ministry and/or authority (if applicable).
  • Letter of Approval from relevant ministry or authority (if applicable)
  • Sample of Board of Directors Resolution on company’s letterhead (sample can be provided upon request)
  • Financial statement if the turnover is >$100,000 per annum or sample Simplified Business Plan
  • Business pictures.
  • Please see general terms for opening an account

Want to find out more about our Classic account package?
We’ll call you back.

Why not request a call back today? Our team will be happy to discuss your business banking needs.