Panda Bank is proud to announce the launch of its groundbreaking savings product, the "Treasure Vault", a flexible term deposit that allows interest to be credited daily.
The minimum placement period is 24 hours, and the minimum placement amount is $100.
Placement is as easy as 1-2-3: (1) open an account instantly on Panda Bank's 24/7 Mobile Banking App; (2) transfer money to Panda Bank via Bakong; (3) place the money in the Treasure Vault.
The Treasure Vault has a Unique Selling Proposition (USP) unmatched in the whole of Southeast Asia, offering a daily interest rate of 0.02 per cent (or an annual rate of more than 7.3%).
Compared to traditional savings accounts where interest is only credited once a month, the Treasure Vault features compounded interest post-crediting, making it more than just a high-yield account.
This valuable feature ensures that savers witness their wealth grow exponentially over time.
Catering to the evolving financial needs of customers in Southeast Asia, the Treasure Vault is set to redefine the savings landscape.
And flexibility remains paramount, with account holders enjoying the liberty of withdrawing funds anytime, making it a truly flexible term deposit account.
Such a blend of high returns and liquidity positions the Treasure Vault as a prime choice for those in the region seeking to optimise their savings strategy.
For individuals and businesses alike, Panda Bank's Treasure Vault stands as a beacon of financial innovation and prosperity.
So experience the future of savings today – SWITCH to Panda Bank.
Contact Panda Bank on 023 888 802 or via Telegram: @pandacommercialbank.
Alternatively visit the Panda Bank branches in Phnom Penh – #31, St 245, Sangkat Boeung Keng Kang 1, Khan Boeung Keng Kang – or Sihanoukville – Prince Mall, 3rd Floor, Room #011-014, St 2 Thnou, Phum 4, Sangkat 4, Krong Preah Sihanouk.