Money Transfer from Australia to Cambodia.

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Re: Money Transfer from Australia to Cambodia.

Postby Nasty Canasta » Sun Sep 10, 2017 4:12 pm

Nasty Canasta wrote:The outstanding transaction cleared today and should be in my beneficiary's account now. I received two emails apologising for the delays saying it was an internal issue that won't happen again and that they would send me a voucher for a better rate next time. No voucher in the inbox yet. EDIT: Voucher just came in by email.

I do need to send another 2.5k soon and wonder as I don't really want the frustration of having to chase shit up again.


Follow up to the above:

As promised, the company emailed me a voucher that they said would give me a much better rate. This was compensation for delays in my last two transfers. When I made my most recent transaction, I put the voucher code in and it offered me a rate 10c better than the current market rates at the time. For the amount I was wanting to transfer it made a difference of about $300AU.

Too good to be true I thought... The next day I received an email saying that they had sent me the wrong voucher code and they were offering me a different rate which was about on par with the US/AUD rate at the time, and wanted me to respond whether I would accept that rate and proceed with the transaction. Fearing another unnecessary delay, I sent them a terse response along the lines of just getting on with it. They managed to get the transaction done by the third day after I'd transferred the dough into their account.

So 3 cockups in 3 consecutive transactions. I will use them again, as it still remains more cost effective for me than paying a fee at my bank and then a fee at ACLEDA as well, but there is no reason to expect it to be a seamless transaction once I've put the loot in their account.
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Re: Money Transfer from Australia to Cambodia.

Postby badboybubby » Tue Sep 12, 2017 3:09 pm

used them a second time and all up the transaction took 5 days to complete (wed-mon) including a couple of follow up phone calls..
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Re: Money Transfer from Australia to Cambodia.

Postby Ot Mean Loi » Tue Sep 12, 2017 5:20 pm

For fast and economical funds transmission from Australia It all depends where you live in Australia, and your preparedness to travel to areas where the Cambodian-Australian diaspora live, and where they have their own parallel and licenced funds transfer businesses which leave the banks and other money transfer agencies for dead,for speed of funds transmission and applicable rate of exchange. Their fees are miniscule compared with most others.

For years now I have been travelling on the train to Cabramatta where, directly opposite the railway station is the Sky Centre and in the ground floor is located the Pisey Tem Money Transfer Service. This is a fully licenced business with its own ABN and is part of the AUSTRAC system. Money can be sent to Cambodia and received from Cambodia through this service.

I very regularly use th the Pisey Tem Money Transfer Service for small transfers which are in hand of the recipients, who don't have bank accounts, usually within two to three hours after lodgement thanks to a link in to the Cambodian WING telephone money transfer system country wide with over 5,000 agencies.

As I've never sent money to a Cambodian bank account this way you would need to talk to Pisey Tem herself about this.

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Re: Money Transfer from Australia to Cambodia.

Postby Nasty Canasta » Tue Sep 12, 2017 5:29 pm

Thanks for that OML.

I'll look into that in due course.
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Re: Money Transfer from Australia to Cambodia.

Postby Ot Mean Loi » Tue Sep 12, 2017 6:04 pm

Hello NC

I'll try and post you a contact phone number sometime in the next few days but I am out and about in the back blocks of Kg Speu for the coming week.

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