On October 16 th 2017, Yong Duangphachanh did not make the 2-hour journey to a banking agent point in the district town to deposit money for her children's educational fees. Instead, she attended a Xainiyom Micro Finance (XMI) center meeting in her village in northern Lao PDR and was the first in her area to experience the latest evolution in branchless banking. Products. Savings Account; Fixed Deposit Account; Taweesub Special Fixed Deposit Account; Flexible Fixed Deposit Plus Family Protection; Super Senior Fixed Deposit Account Currency unit = KIP 1 USD = 10,500 KIP AAA ADB AFTA APB ASEAN B OL BCEL BPKP BPO CAS CE CEM CEPT CFAA CPAR CPI CPIA EDL EC EU FDI FMAC FMCBC GDP GFS GMS GOL IB A IDA IFC IMF IPRSP HIPC JBIC JICA JSAN LAOPA LDB LDC LECS LMB LXB LPRP MBOs Fiscal Year October 1 - September 30 ACRONYMS AND ABBREVIATIONS Analytical and Advisory Activities Exchange rates for the US Dollar against foreign currencies from Africa are displayed in the table above. The values in the Exchange Rate column provide the quantity of foreign currency units that can be purchased with 1 US Dollar based on historical exchange rates. Yesterday, BCEL, one of the largest commercial banks in Laos, advertised an exchange rate for the kip and US dollar of 8,756 kip per dollar, while the exchange rate for the kip and Thai baht was 290 kip per baht. This official bank rate is significantly different to the rates offered on the street.
Public Bank Laos, a complete one-stop financial portal, offering a range of accounts, credit cards, loans, deposits and other financial aids for our personal and commercial customers.
Banks Cut Interest Rates On Kip Accounts, Raise For Foreign Currencies. Conversely banks have raised the interest rates offered on Thai baht and US dollar deposit accounts hoping to build up reserves of these currencies amidst rising demand for the baht and US dollar. BCEL now offers 1.5 percent interest on a US dollar savings account The benchmark interest rate in Laos was last recorded at 4 percent. Interest Rate in Laos averaged 7.14 percent from 1992 until 2020, reaching an all time high of 35 percent in December of 1994 and a record low of 4 percent in September of 2009. This page provides the latest reported value for - Laos Interest Rate - plus previous releases, historical high and low, short-term forecast and long But before I actually got out, I stopped in front of small room to right side of gate. There is an official money changer belonging to BCEL (Banque Pour Le Commerce Exterieur Lao). This made me easy to immediately exchanged USD to Lao Kip. The customers of BIC will be using BIC BEST Mobile App developed by CashLink Global Systems (CGS) and the customers of BCEL will be using BCEL ONE mobile app developed by BCEL In-house team for all fund transfers. Customers can transfer fund in three different currencies, the KIP, Thai Baht & US Dollars. Answer 1 of 6: Hi. I will travelling from the UK to Malaysia to Laos. I cannot exchange GBP to KIP here in the UK. Does anyone have suggestions on what the best way to obtain KIP is and also the fees for using an ATM. Do the money exchange places also exchange
The KRW conversion factor has 6 significant digits. The LAK conversion factor has 5 significant digits. Popular Conversions. currancy · euro nok · sek dollar
Below are the SWIFT codes for all banks in Laos. These SWIFT codes are only the active participants who are connected to SWIFT network. The passive participant's codes are excluded from the list.
BCEL - Deposits Q: I already have a saving account with BCEL. I would like to ask you about the 5 year fixed deposit (Monthly) interest rates. Is it 11.65% or 11% for monthly? I am comparing with other Banks in Laos to see which bank can give me higher rates. I plan to deposit in KIP.. The amount of 60 million baht will be transfer from my
US Dollar, USD 50-100, 8.920, 8.920, 8.922, 8.937. Thai Baht, THB, 293,27, 293, 27, 293,32, 295,49. Euro, EUR 1-20, 9.521, 9.522, 9.524, 9.569. Euro, EUR 50- Note: Calculate perhaps change rate or interest rate, more information please contact via telephone:(+856-21) 213200. Exchange Rate Download Exchange 7 Mar 2020 Convert 1 US Dollar to Lao Kip. Get live exchange rates, historical rates & charts for USD to LAK with XE's free currency calculator. 5 Sep 2019 To prevent the kip from sliding further against the U.S. dollar and Thai Lao ( BCEL), the exchange rate on Wednesday was 290 Lao kip per
30 Aug 2019 Exterieur Lao (BCEL), one of the largest commercial banks in Laos, advertised an exchange rate for the kip and U.S. dollar of 8,756 kip per
BCEL has lowest fee of 20K kip per withdrawal. Cash exchange: Luang Prabang is one of few places where for USD cash (and some other currencies like THB) you can get more local currency (kip) than via ATM/Interbank exchange rate at ATMs. Last week (end of Dec 2019) ATM/interbank exchange rate was 8850 kip per USD.
On July 1, the buy and sell rates were 286.59 kip and 288.75 kip respectively, and on September 26, the buy and sell rates were 291.48 and 293.68 kip respectively, according to the Banque pour le Commerce Exterieur Lao Public (BCEL), the leading commercial bank in Laos. The kip has also weakened against the US dollar since the start of this year. Q: I already have a saving account with BCEL. I would like to ask you about the 5 year fixed deposit (Monthly) interest rates. Is it 11.65% or 11% for monthly? I am comparing with other Banks in Laos to see which bank can give me higher rates. I plan to deposit in KIP.. The amount of 60 million baht will be transfer from my Thailand bank. The Lao Kip is the currency in Laos (People's Democratic Republic of Lao, LA, LAO). The Thai Baht is the currency in Thailand (TH, THA). The Thai Baht is also known as Bahts, and Onshore Baht. The symbol for LAK can be written KN. The symbol for THB can be written Bht, and Bt. The Lao Kip is divided into 100 at. The Thai Baht is divided into The transaction fee at BCEL is 3% per transaction to cash US dollars or Thai Baht, 2.5% per transaction to cash Laos currency (Lao Kip). Banking hours are Monday to Friday, 8:30am to 3:30pm . Please note that your card company may charge an extra fee for foreign transactions.