Smart Kid Saving Account
Is a type of account for parents who care about their child/children’s financial security. Smart Kid Account is the long term investment account that provided the great way to accumulate saving for their child/children to meet their future financial needs such as education, marriage, startup small business, etc. Moreover, AMK also offers life insurance for account holders without fee charge.
Product Features and Benefits:
| Product Attribute | Description |
|---|---|
| Currency | KHR/USD |
| Annual Interest Rate | Up to 3% |
| Term | Up to 17 years |
| Initial Deposit | KHR40,000/ USD10 |
| Min Monthly Deposit | KHR40,000/ USD10 |
| Account Ownership | ATM Card/Saving Paper Card |
| Withholding Tax | 6% for resident 14% for non-resident |
| Account Opening | • AMK Branches during business hours • AMK’s Staff during business hours • AMK Mobile Banking |
| Accessibility | Be able to operate in all AMK Channel such as៖ • AMK Branches during business hours • AMK Agent • AMK Mobile Banking • ATM/CDM machine |
| Interest Payment | Interest is accrued daily based on ending balance end of day and paid automatically into account on closure account date |
| Withdrawal Condition | Withdrawal on maturity date or closure account |
| Benefits | |
| Additional Service | No Fee Charged of other service such as ៖ • Request Account Statement • ATM Card |
| Fee Charge | • Free of charge on account opening and closing • Free of charge on annual ATM maintenance • The fee charge of dormant account which no activity for over 12 months will applied based on period of domancy • KHR8,000/$2 for new issuance of ATM card or account ownership if lost |
| Other benefit | Offer life insurance to the account holder for illness with the maximum up to USD5,000 and accident is 300% of the saving account balance in previous month end or maximum up to USD200,000. |
Requirements:
- Customer (Resident/ Non-Resident) whose age from 18 years’ old
- Original and valid identification documents such as National ID Card/ Passport/ Family Book/ Identity document issued by an official authority and other relevant documents as requested
How to Apply:
- Visit one of AMK nearest branches or request via AMK Mobile Banking and meet our expert who will warmly welcome and guide you through the process, or contact us via our 023 220 202 or 1800 200 200 (Free).
- Please click here for our branch address