Opening a Bank Account in Cambodia
Complete guide to banking for expats, digital nomads, and long-term visitors. Learn the requirements, compare top banks, and find headquarters locations.
Overview
Cambodia offers a surprisingly accessible banking system for foreigners. Unlike many Southeast Asian countries, opening a bank account here is relatively straightforward, especially at expat-friendly banks like ABA Bank.
Key Points
- Most banks accept USD accounts (Cambodia is highly dollarized)
- Some banks allow tourists to open accounts with minimal documentation
- Mobile banking apps are excellent and support English
- ATMs are widespread in major cities
- International transfers are available at most major banks
USD/KHR Exchange Rates
Compare current USD to Cambodian Riel exchange rates from major banks. Find the best rates for buying or selling dollars.
Bank Exchange Rates
USD/KHR rates from major Cambodian banks
| Bank | Buy Rate (KHR)Buy | Sell Rate (KHR)Sell | Spread | |
|---|---|---|---|---|
Find Your Ideal Bank
Not sure which bank is right for you? Answer a few quick questions and we'll recommend the best option based on your visa status, deposit amount, and banking needs.
Find Your Ideal Bank
1 of 4What is your visa status in Cambodia?
Who Can Open an Account
Standard Requirements
- • Age 18 or older
- • Valid passport
- • Valid visa (EB/ER visa with 6+ months preferred)
- • Initial deposit ($10-500 depending on bank)
Tourist-Friendly Banks
- • ABA Bank: Accepts tourist visas
- • Wing Bank: Minimal requirements, $10 deposit
- • Most flexible documentation policies
- • English-speaking staff available
Visa Considerations
Documents Needed
Passport with Valid Visa
Original passport required. Most banks photocopy your passport and visa pages.
Proof of Address
Rental contract, utility bill, or hotel booking. Some banks are flexible on this.
Initial Deposit
Cash in USD or KHR. Amount varies by bank ($10-500).
Passport Photos (Sometimes)
2-4 passport-sized photos. Many banks can take photos on-site.
Document Checklist
Essential Documents
Proof of Address
Additional Documents (Some Banks)
Contact Information
Top Banks for Expats
ABA Bank
Most Popular with Expats
Key Features
- Best mobile banking app in Cambodia
- USD & KHR accounts available
- Visa debit card with international use
- Excellent English customer support
ACLEDA Bank
Largest Bank Network
Key Features
- Largest ATM network in Cambodia (270+ branches)
- MasterCard debit cards
- Low minimum deposit requirement
- Good for rural area access
Canadia Bank
Best for Business
Key Features
- Strong business banking services
- International wire transfers
- Premium banking options
- Good for entrepreneurs
Wing Bank
Digital-First Banking
Key Features
- Lowest minimum deposit
- Mobile-first approach
- Extensive agent network for cash
- Easy QR payments
Maybank Cambodia
Regional Transfers
Key Features
- Easy transfers to/from Malaysia & Singapore
- Premium banking services
- International ATM access
- Good for regional business
Bank Comparison
| ABA Bank | ACLEDA | Canadia | Wing | Maybank | |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $50 | $200 | $10 | $500 |
| Mobile App | Excellent | Good | Good | Excellent | Good |
| English Support | |||||
| ATM Network | 300+ | 600+ | 100+ | 50+ | 30+ |
| Card Types | Visa | MasterCard | Both | UnionPay | Both |
| International Transfers | |||||
| USD Accounts | |||||
| Tourist-Friendly |
Headquarters & Branch Locations
Bank Headquarters in Phnom Penh
Click a bank to view details:
Location Details
ABA Bank
Headquarters
#148, Preah Sihanouk Blvd (274), Phnom Penh
Phone
+855 23 225 333
Hours
Mon-Fri: 8:00 AM - 5:00 PM, Sat: 8:00 AM - 12:00 PM
Key Branches
Phnom Penh (50+ branches), Siem Reap, Sihanoukville, Battambang, Kampot
ACLEDA Bank
Headquarters
#61, Preah Monivong Blvd (93), Phnom Penh
Phone
+855 23 998 777
Hours
Mon-Fri: 8:00 AM - 4:00 PM, Sat: 8:00 AM - 11:30 AM
Key Branches
All provinces (270+ branches), Siem Reap, Sihanoukville, Battambang
Canadia Bank
Headquarters
#315, Ang Duong St (110), Phnom Penh
Phone
+855 23 868 222
Hours
Mon-Fri: 8:00 AM - 4:00 PM, Sat: 8:00 AM - 11:30 AM
Key Branches
Phnom Penh (30+ branches), Siem Reap, Sihanoukville
Wing Bank
Headquarters
#721, Preah Monivong Blvd, Phnom Penh
Phone
+855 23 999 989
Hours
Mon-Fri: 8:00 AM - 5:00 PM, Sat: 8:00 AM - 12:00 PM
Key Branches
Phnom Penh, Siem Reap, 10,000+ agents nationwide
Maybank Cambodia
Headquarters
#43, Preah Norodom Blvd (41), Phnom Penh
Phone
+855 23 210 123
Hours
Mon-Fri: 8:30 AM - 4:00 PM
Key Branches
Phnom Penh (5 branches), Siem Reap
Account Types
Savings Account
Most common for expats. Available in USD and KHR with interest rates of 1-3% annually.
- • No monthly fees (usually)
- • Debit card included
- • Mobile banking access
Current Account
For daily transactions. Higher transfer limits but may have lower or no interest.
- • Checkbook available
- • Higher transaction limits
- • Good for business expenses
Fixed Deposit
Lock in funds for higher interest rates (4-7% annually depending on term).
- • Terms from 1 month to 5 years
- • Higher interest rates
- • Early withdrawal penalties
Business Account
For registered businesses. Requires company documents and higher deposits.
- • Payroll services
- • Multi-signatory options
- • Corporate cards available
Mobile Banking & Apps
Cambodia has surprisingly advanced mobile banking infrastructure. Most major banks offer full-featured apps with English language support.
ABA Mobile (Recommended)
Consistently rated the best banking app in Cambodia with a modern interface.
- • QR code payments (widely accepted)
- • Instant transfers between ABA accounts
- • Bill payments (utilities, phone, internet)
- • International SWIFT transfers
- • Virtual card for online shopping
KHQR Payments
Step-by-Step Process
Choose Your Bank
Consider your needs: ATM access, mobile app, international transfers, minimum deposit.
Gather Documents
Passport with valid visa, proof of address (if required), passport photos, and initial deposit in cash.
Visit a Branch
Go to a main branch in the morning for best service. Headquarters often have dedicated foreigner services.
Complete Application
Fill out forms, provide documents, and make your initial deposit. Staff will help with the process.
Activate Mobile Banking
Download the bank app and set up your account. You'll receive a temporary PIN for first login.
Receive Debit Card
Cards typically arrive in 3-7 days. Some banks offer instant cards at select branches.
Pro Tip
Frequently Asked Questions
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