Woori Bank Cambodia review

The account pays a variable rate of 3% on balances held. Because the rate type is variable, the figure can rise or fall as the bank changes it, so treat it as a starting point rather than a locked return. The account kind is easy access, which suits a saver who wants money reachable.

There is no monthly charge. The fee is listed at KHR 0 and the account model is no monthly fee, so nothing is taken out each month. That suits a balance kept as an emergency fund, where a standing fee would eat into interest earned at 3%.

Deposits and withdrawals happen during branch working hours across the city and provinces, and the account works at Woori Bank ATMs plus CSS-logo ATMs and point of sale terminals. The account kind is easy access, which matches a saver who wants branch and machine access rather than a fixed notice period.

The account is held by WOORI BANK (CAMBODIA) PLC., and the National Bank of Cambodia is the regulator listed for the bank in Cambodia. That listing applies to the entity named, so an account opened under a different legal name would fall outside it.

The bank's personal loan goes to up to KHR 200,000,000 and is a personal loan repaid over a term of 72. The bank lends directly, so the same legal entity, WOORI BANK (CAMBODIA) PLC., handles the application from start to finish.

The mortgage runs at an initial rate of 8.5% for a fixed period of 1 years, after which the rate can move. The stated purposes are home purchase and remortgaging, so the fixed period is short and the figure is worth checking against where the market rate sits.

The promotion covers a credit card earning cashback rather than points or miles, so spend comes back as cash on the card. Cashback suits readers who want a simple rebate on everyday spending instead of a scheme that needs tracking through a points balance.

Support runs on phone and email, so questions can be raised by phone or email. Branch staff handle the account side, including deposits and withdrawals during working hours, and the same legal entity, WOORI BANK (CAMBODIA) PLC., backs the contact details.