Premier Account
Our premium deposit account
Premier Account
The Premier Account of Phongsavanh Bank is the current account having the interest rate that will protect our money to be safe with the interest to keep your money safe. Premier customers might be busy with their daily work in which we provide a premier office for reception and process the transaction. Drink is provided in the office.
Benefits of the account
- You can take a rest while we are processing a transaction for your money to work for you
- You do not need to line up in a queue because we have a premier office to process the transaction for you
- You can invest in any business that provides a high return by not depositing your money in a long term
- You will receive special interest rate of your fixed deposit
- You can withdraw your money any time via our ATMs
- You can make a payment by using a cheque without paying any fees
- Currencies
- LAK · USD · THB
- Initial deposit
- LAK100,000,000, THB400,000 or USD10,000
Interest rates
| Currency | Interest |
|---|---|
| LAK | 2.00% |
| USD | 1.75% |
| THB | 1.75% |
Updated 02/03/2026. Interest will be added to your account every month.
Fees of the account
| No | Descriptions | Services fees | ||
|---|---|---|---|---|
| LAK | USD | THB | ||
| 1 | Remaining balance lower than LAK 100.000.000, USD 10.000 or THB 400.000 | No interest payment and fee | ||
| 2 | Account closing fee | 40,000LAK | 4USD | 120THB |
| 3 | Issuing a chequebook or passbook when opening a new account is free of charge | Nil | ||
| 4 | Issuance of new chequebook | 50,000 LAK/book | 5 USD/book | 200 THB/book |
| 5 | Issuing new passbook in case of loss, damage, or changes in passbook information. | 60,000 LAK/book | 6 USD/book | 200 THB/book |
| 6 | Issue a new passbook with a new header for the customer. | 20,000 LAK/book | 2 USD/book | 80 THB/book |
Updated 18/07/2025
Account opening requirements
Required documents for opening a new account
Individuals
- Lao Citizens:
- National ID Card / Household Registration Book / Passport / Driver’s License / Monk Identification Card
- Foreigners:
- Passport, Visa, Work Permit, and Stay Permit
Legal entities / corporate accounts
- Enterprise Registration Certificate
- Tax Registration Certificate
- Business License / Investment License
- Memorandum and terms and conditions related to the bank.
- Resolution of the Board of Directors of a company: A) Approval for account opening, B) Name list of who will have the authority to sign in the account.
How to open the account
- 1You are required to prepare a list of documents mentioned above
- 2Prepare at least LAK100,000,000, THB400,000 or USD10,000 in your pocket
- 3Come to meet our staff at any of unit services, service center or branches of Phongsavanh Bank, which is closed to you
- 4Our service staff will be processing all documents for you and you can sign off to finish the process
More people can be joint for account opening of this account. Each person is required to bring personal ID.
Personal