Fixed Deposit Account

The safety and reliable place to deposit your money with appropriate interest rate is Canadia Bank Lao Ltd.. You will receive a higher interest rate when you deposit in Lao Kip, Thai Baht and US Dollar. You have two choices in receiving your interests, receiving it every month or at the end of the term.

BENEFITS

With fixed deposit account you can choose the tenure of your savings and how you want the interests to be paid, be it monthly or at maturity. Whichever tenure you choose, you can be confident that you will receive a competitive (high) interest rate on your fixed deposit.

FEATURE

• Available in 3 currencies: LAK, THB or USD.
• Flexible tenure of 1 month, 3 months, 6 months, 12 months and 24 months.
• Enjoy with appreciate interest rates on your Fixed Deposits.
• Interests are automatically credited to your Savings or Current Account every month or at maturity.
• Convenient auto-renewal option.

CONDITION

• Available for individual age 18 years and over.
• Available for Corporate.
• Open Saving Account or Current Account with Canadia Bank Lao Ltd.

REQUIRED DOCUMENTS (INDIVIDUAL)

• Lao customer (Citizen): ID card, family book, passport (Valid≥06 months);
• Foreigner: passport (Valid≥06 months), visa, stay permit, work permit;
• Lao or foreigner not residing in Laos: passport (Valid≥06 months) and open jointly account with a party residing in Laos;
• Initial minimum deposit of LAK 5,000,000; THB 20,000 or USD 500.

REQUIRED DOCUMENTS (CORPORATE)

• Enterprise registration certificate or business license;
• Tax registration certificate;
• Memorandum and articles of association;
• Official stamp/seal;
• Power of attorney or authorized letter;
• ID card, family book, passport (Valid≥06 months) for Lao citizen;
• Passport (Valid≥06 months), visa for foreigner;
• Initial minimum deposit of LAK 8,000,000; THB 20,000 or USD 1,000.

Note: Corporate eligibility documents are based on type of corporate documents are requirement base on bank policy.