![Junior Savings Account](https://www.ppcbank.com.kh/wp-content/uploads/2024/07/junior-savings-account-banner-1.jpg)
Personal Banking
Deposit
Junior Savings Account
Give your child a headstart towards a financially savvy future.
The PPCBank Junior Savings Account is a new savings initiative that enables Junior users to engage with online banking services, but with limited functions. The Junior users are managed by their Parent user through Mobile App.
Currency | USD | KHR |
---|---|---|
Interest Rate (p.a.) | 0.5% | 1.5% |
Transaction Limit | 1,000 | 4,000,000 |
Daily Limit | 1,000 | 4,000,000 |
Benefits
- No initial deposit.
- Very competitive interest rates.
- Helps children manage their money and develop an early savings habit.
- Helps children experience banking services through PPCBank Mobile App.
Features
- Parents monitor and control their child’s banking activities.
- Parents can set spending limits and receive real-time notifications.
Requirements
Parent / Guardian
- Parent must be a PPCBank customer
- Be at least 18-years-old.
- Valid ID Card, Passport and/or other documents that indicate a relationship between the parent/guardian and the child.
Junior / Child
- Aged under 17.
Conditions
Mobile Banking only | Mobile Banking only |
Availabe Functions for Junior | Top-Up, Pay by QR, Receive by QR, Request Money from Parents |
Interest Payment | Upon account closure |
Account Access Channels | PPCBank Mobile App and other electronic channels |
Access to Close/Deactivate the Account | Managed by parents only |
Early Closure | Free |
Service Fees | Free |