HwangDBS Kids$ave Account
Children are precious gems! This new innovative product is the first in Cambodia and is specially brought to you by HwangDBS.
Because we understand how much your children mean to you, we are pleased to offer this account especially for parents who want to place their money in a safe and secure bank for their future. With every deposit made, your young savers will have the benefit of a brighter and enriched future!
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Features and Benefits of HwangDBS Kids$ave Account:
- Exclusive Account Opening Gift awaits you!
- Low initial deposit of USD 10.00
- Allows you to maintain a low balance in the account i.e. USD 1.00
- Earn interest irrespective of account balance
- Low service and maintenance charges
- A bonus monthly interest of 5 % on the monthly interest earned if no withdrawal is made during the month
- To encourage saving, only 6 withdrawals are permitted over a 12 month period. A fee of USD 2.00 will be charged for every withdrawal above this limit
- Interest is compounded daily and credited on a monthly basis
- ATM Cards will be issued to account holders above 12 years only (only if required by applicant)
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Prerequisites to open HwangDBS Kids$ave Account:
- Individuals (residents/non-residents) aged 17 and below
- Trust accounts will be opened for individuals 17 years old and below, in the parent's/guardian's name.
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3 Easy Steps to Get Started:
- Dial +855 23218866 for more enquiries
- Walk into our bank at:
- Headquarters
Ground Floor of B-Office Centre,
#61-64 Norodom Blvd Corner Street 306,
Sangkat Boeung Keng Kang 1,
Khan Chamkamorn,
Phnom Penh, Cambodia
- Kampuchea Krom Branch
#640, Kampuchea Krom Blvd,
Sangkat Phsar Depo II,
Khan Toul Kork,
Phnom Penh, Cambodia
- Mao Tse Tung Branch
#187, Mao Tse Tung Blvd,
Sangkat Toul Svay Prey I,
Khan Chamkar Mon,
Phnom Penh, Cambodia
- Produce the necessary documents i.e. :
- Valid Identity Card/ Passport for Parents
- Identification Documents for Child e.g. Identity Card, Birth Certificate, etc.
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Facts and Figures:
| Activity |
HwangDBS Kids$ave Account |
| Minimum Deposit |
USD 10.00 |
| Minimum Balance Requirement |
USD 1.00 |
| Interest Rate |
1.5% pa |
| Closing Account within 6 months |
USD 10.00 (within 6 months) |
| Replacement of Lost Passbook |
USD 5.00 |
| Dormant Account |
Free |
| Inter Bank Transfer |
Free |
HwangDBS Kids$ave Account
