Virtual MasterCard, ABA Bank

We cooperated with MasterCard® to present you completely free Virtual MasterCard that makes your online shopping experience even more easy, convenient and secure.

What is a Virtual Card

Virtual Card is an instantly issued on-screen image of a prepaid card bearing the logo of MasterCard. It has all the properties and attributes of real payment card, but only exists virtually and does not have a physical carrier. 

With Virtual MasterCard from ABA you can make payments or purchases exactly the same way as with real card on any online store that displays MasterCard logo, including Amazon, EBay or AliExpress.

How it works

Upon your request, we randomly generate virtual card number that enables you to make online purchases or payments without revealing the primary account or card details. The transaction-level authorization controls let you define how, where and when your account is used. You credit the card only with the necessary amount immediately before each shopping and use it for a predefined period, after which the unused money will be credited back to your main account.

Advantages

• No issuance and annual fee*
• Instant issuance of the card
• Safe online payments
• Notification on each transaction**
• Security and anonymousness

* One ABA Virtual card per month is issued for free. Any consecutive issue within the month will be charged $3 per card.
**ABA Mobile app required (free of charge). Learn more here.

How to apply

Currently, you can issue Virtual MasterCard on your own through ABA Internet Banking service*. If you are new to ABA, you will first need to open an account with us. To learn how to create your Virtual Card, click here.
*Having account in ABA and subscription for Internet banking service is required.

Conditions

Currency	USD, EUR, AUS & THB*
Initial opening balance	USD 10.00**
Minimum balance	USD 10.00
Interest rate	0.75% p.a.
Interest payment	Semiannual or upon account closure
Monthly account service	Free
Withdrawals	Unlimited withdrawals provided that the minimum on­-going balance is preserved on the account
Inter-regional branch cash deposit/withdrawal	Daily limit of USD 30,000***
Replenishment	Unlimited transactions in cash or non-­cash forms are allowed

_{* Withdrawal is allowed in only USD using the Bank’s prevailing exchange rates regardless of deposit was made in other non-­USD currencies, and cash deposit commission rate is 1.5% of the total deposit amounts.
** Minimum opening balance of USD 50 for non­-resident customers.
*** In case of exceeding the daily limit, 0.10% or minimum $1 (whichever higher) fee will be applied.}

Benefits

Along with the interest rate on your funds, some additional features are available:

• Free UnionPay debit card
• Free E­-Service*
• Free Passbook
• Free access to your account through Internet Banking** and Mobile app
• Free monthly account statement (upon customer request)
• Free standing order service

* Free SMS and/or Email Notification for Inward and Outward transaction. USD 3 per month for SMS Notification for any deposit and withdrawal transactions.
** Free SMS Dynamic Authentication mode. One-­off fee USD 25 for a CryptoCalculator Device.

You can

• flexibly earn money on your money – interest is accrued on daily basis and paid on semiannual basis or
  upon account closure;
• conveniently access your account balance through Debit Master or Visa Card, iBanking or visiting one of the ABA Bank’s Branches;
• flexibly withdraw funds from your current account at any time provided that the minimum ongoing balance is preserved on the account without any additional cost;
• transact inward & outward remittances necessary balance to be used while remaining balance keeps earning money for you;
• deposit additional funds into your account without restriction;
• feel secured with getting instant information about your account for free by using our SMS and E­Service.

Requirements

To be eligible for ABA Savings Account you need to:

• Be at least 15 years old for local citizen and 18 years old for foreigner;
• Bring your passport or national ID for local citizen and passport with entry visa for foreigner (all documents must be valid);
• Complete our Application form.

How to apply?

Visit one of our branches and meet our Relationship Manager who will guide you through the application procedure,or give us a call at 023 225 333 for further information.

Important information:

^{Terms and conditions are subject to the Bank’s sole discretion in changing it without prior notice to customers. The information on this webpage is prepared for informational purposes only. For further information, please visit your nearest ABA Bank branch or give us a call at (+855) 23 225 333.}

Taking care of security

Here are the essential tips to protect yourself while making payments on the Internet:

• Assure yourself of the reputation of the Internet trader before disclosing your card details. To protect the funds, we recommend to you to shop from well-known and reliable sites and traders!
• Before entering information about your card on the Internet, make sure that the address starts with . This means that the entered information is encoded and cannot be captured by a scammer.
• Do not respond to an e-mail, in which someone asks you to confirm data about your card or username and password for your registration on the Internet.
• We recommend you to shop on the Internet at web sites, bearing the logo “SecureCode” and “3D-Secure” from MasterCard. These are the most contemporary systems, which provide security upon the transmission of data and payments on Internet sites.

Please remember that ABA Bank never requests the full number and information about your card or your PIN code!

About us

ABA Bank is one of Cambodia's premier banking institutions founded in 1996 as the Advanced Bank of Asia Limited.

ABA Bank is now a multi-branch network universal commercial bank offering a full range of products and services to all Cambodians. The Bank holds an assertive and leading position in the financial market thanks to a strategy based on service differentiation, while catering to the needs of a diverse population living in regions with varying characteristics.

Currently ABA Bank provides full financial services through the nationwide network of 40 branches with 2 more outlets scheduled to open before the end of 2016.

The shareholders structure of ABA Bank is represented as follows:

	Shareholder	Share
		90.00%
	Mr. Damir Karassayev	10.00%