We create Standing Instruction Service to help customers who wish to effect a cash settlement from their own account to another beneficiary account(s) within a specific time period.
Benefits you’ll get
- Available in KHR and USD
- Currency conversion based on Phillip Bank’s daily exchange rate
- A safe and convenient way to automate payment, daily, month or yearly expense, etc
- Time savings with less expense
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% |
• Customers and their beneficiaries must have a savings or current account with Phillip Bank in order to use the standing instruction service
• Customer must perform settlement transaction at least two times for initiating this service
• Customer must complete the application form of standing instruction service
| Activity | Fee |
|---|---|
| Registration | KHR 12,000 / USD 3 |
| Fee per Transaction/ per Account | KHR 1,000 / USD 0.25 |
Available Channel: Phillip Bank Internet Banking
