At Phillip Bank, we provide our customers another level of convenience with regard to bank to bank money transfer. With Local Inter Bank Remittance Service, you can send/receive money, meant for personal or business investment, with ease.
Outward Transfer: Transfer from Phillip Bank account to participant bank account.
Inward Transfer: Receive remittance sent from participant bank account into Phillip Bank account.
Benefits you’ll get
- Available in KHR and USD.
| Activity | Local Inter Bank / Fee |
|---|---|
| Receiving Fund | - Free of Charge |
| Transferring Fund | - 0.1% of Transferred Amount - Minimum KHR 8,000 / USD2 |
| Available Account | - Savings Account - Current Account- - Parent Child Account (Inward transfer only) |
| Availability | Member of participant banks |
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% |
– To Send Remittance: Fill in the “Remittance Application Form” at the nearest PLB branches
– TO Receive Remittance: Going to the nearest Phillip Bank branches or ATMs/CDMs in order to withdraw.
