Money and Banking

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Money and Banking

Money and Banking Banking hours in Phnom Penh are Mon.-Fri. from 8am to 3.30 pm, with some half day opening on Saturday. All major credit cards are accepted at banks. A service fee is charged for cashing Traveler’s Cheques.

Currency

As with the rest of Cambodia, the Cambodian Riel is the national currency and the US Dollar is the de facto currency. Pay for large expenses using dollars and retain riel for small, one-off purchases like drinks or cigarettes. Currency rates fluctuate but as a guide there are 4000 riel to $1.

Currency Exchanges

You can change money at the many exchange booths in and around the markets in Phnom Penh. Most post the exchange rate on a daily basis. Local banks will also change currency for you. However, it can pay to use the local exchanges as the banks tend to adhere to the rates set by world currency markets. Compare the rates of exchange at individual exchanges to get the best rate.

Sending and Receiving Money

Many of Phnom Penh’s Banks have ATMs. It is also possible to withdraw money using a credit card and passport. Different banks have different charges for this service. A common charge is a flat-rate of $5 for withdraws up to $100, and 2% for withdraws over $100.
Western Union has counters in many of the banks. Look for the yellow and black signs outside. Some banks also offer a Moneygram service. Again, this is generally advertised outside.

Local Banks

Acleda Bank (Western Union)
#28, Mao Tse Toung
Tel: 023-364619

ANZ Royal Bank
#20 St.114 (corner St. 67)
Tel: 023-726900

Cambodia Asia Bank (CAB)
#439, Monivong
Tel: 023-220 000

#349, Sisowath (near FCC)
Tel: 023-220 381

Cambodian Commercial Bank (CCB)
#26, Monivong
Tel: 023-426145

Cambodia Mekong Bank Plc Ltd
#1, St 114, PP
Tel: 023-430 861

Canadia Bank
#265-269, Ang. Duong (Street 114)
Tel: 023-215286

SBC Bank
#68, St. 214
Tel: 023-211 211

UCB
#61, St. 130
Tel: o23 214 159 / 023 724 931