Choose a payroll solution that put your company’s staff first!

Benefits you’ll get

Select between one of the two key benefits for your staff’s payroll accounts:

  • FREE Personal Accident Insurance for your staff (coverage up to $50,000); OR
  • High-yield Payroll Savings Account (up to 5.00% p.a. interest rate)

Additional benefits for staff (employees):

  • Preferential rates for unsecured personal loans for amounts up to $10,000 or 5X monthly salary (whichever is lower)
  • FREE cash-out at over 10,000 TrueMoney agents across Cambodia
  • $4.99 FLAT FEE for international remittances via Mobile banking (selected corridors)
  • Seasonal high-value campaign discounts (up to 50% promotion cashbacks)
  • ZERO fess for interbank Bakong transfers (for transfers up to $50)
  • Payment acceptance at all merchants with Bakong-member KHQR

Benefits for companies (employers):

  • Interest rates up to 5.50% p.a. on your company’s Current Auto-Save Account
  • Access to Phillip Bank’s Business Internet Banking for bulk file uploads to perform multiple payments
  • FREE local cross-bank payments with Electronic Fund Transfers (EFTs) via Business Internet Banking
  • First-year fee waiver for OTC (over-the-counter) payroll processing fees
  • Complimentary cheque books per quarter

On-site account openings can be done to minimize disruptions to your business operations.

Choose Phillip Bank as your company’s trusted banking partner. Contact us today to learn more and sign up for our payroll solutions.

Calculator

Result:

Annual Interest Rate Total Net Earned Interest Total Deposit Amount Total Amount at Maturity Date
4.75% 286.25 11,757.79 12,044.04

Payment schedule:

No. Earned Interest Tax Net Earned Interest Monthly Deposit
1 4.75% 4.75% 4.75% 4.75%