all banks in cambodia

Directory of Banks in Cambodia

Opening a bank account as an expat in Cambodia is a straightforward process that offers convenience for managing your finances, receiving salaries, and transferring funds. Here’s a simple guide:

Eligibility and Required Documents

As a foreigner, you need the following:

  • A valid passport.
  • A long-term visa or work permit.
  • Proof of residence (rental contract, utility bill, etc.).
  • Minimum deposit (varies by bank).

Choose the right bank!

As you will notice on this website, Cambodia has several well-established local and international banks that cater to expats. The most popular at the moments are probably ACLEDA, ABA Bank, and Canadia Bank. Though we could also mention Vattanak Bank and MayBank. 

Research the services, fees, and digital banking options before choosing one. You can contact us, should you need help in selecting. [email protected]

Internet Banking is a must

Whatever bank you decide to choose, you must make sure it carries an application that allows you to pay merchants with a QRCode reader. This is most important, as Cambodia is leading the cashless banking and nearly 100% of sellers in Cambodia offer Bakong QRCode payment facility – Even for half a dollar…

A Cambodian Riel Account

As of the summer of 2024, every account should be in Khmer Riel, as the master plan of de-dollarisation.