Search found 7 matches
- Wed May 29, 2019 7:32 am
- Forum: Money, Banking and Insurance
- Topic: Transferring into Cambodia
- Replies: 6
- Views: 3317
Re: Transferring into Cambodia
This is the incoming international wire situation currently: Hong Leong and BIDC: FREE (BIDC is a promotion that's set to expire in July) Sacombank: 0.02% CIMB: 0.05% PPCB and Canadia: 0.07% (PPCB used to be free but changed its mind, Canadia discounts to 0.05% for wires over $100K). The rest are al...
- Sat Jan 19, 2019 7:47 pm
- Forum: Money, Banking and Insurance
- Topic: Table of bank and MFI deposit rates?
- Replies: 219
- Views: 109019
Re: Table of bank and MFI deposit rates?
No. In bankspeak, giving out a loan creates an asset. Accepting a deposit creates a liability.steevee wrote:So Vision fund assets went from $36M to $194M.
The table I posted lists only the amount of actual deposits with the bank/MFI, not its "assets".
- Thu Mar 22, 2018 3:34 pm
- Forum: Money, Banking and Insurance
- Topic: Table of bank and MFI deposit rates?
- Replies: 219
- Views: 109019
Re: Table of bank and MFI deposit rates?
Here is an up-to-date table of all relevant banks and MFIs, showing interest rates, SWIFT costs, and current total deposits with each institution. https://i.imgur.com/Q5TKHYl.png Side note: Prasac is currently running a promotion for Khmer new year, offering 8% for a 12 months fixed-deposit (7.75% w...
- Sat Dec 17, 2016 6:01 am
- Forum: Money, Banking and Insurance
- Topic: Transferring large amount via SWIFT
- Replies: 12
- Views: 3689
Re: Transferring large amount via SWIFT
In total it took 3-4 business days for that first test transfer to land in my account. I made the transfer on Tuesday, PPCB got the SWIFT instruction late Wednesday, they kept bugging me from Thursday to Monday, and credited the account early Tuesday. Now get this... I decided to make the much bigge...
- Thu Dec 08, 2016 6:44 pm
- Forum: Money, Banking and Insurance
- Topic: Transferring large amount via SWIFT
- Replies: 12
- Views: 3689
Re: Transferring large amount via SWIFT
PPCB. According to my research they are one of only two banks in Cambodia that don't charge a percentage on inbound SWIFT transfers (as in 0%, while the rest charge 0.10% or more), and they charge the lowest percentage on outbound SWIFT transfers (0.12%, while the rest charge around 0.17% on average...
- Wed Dec 07, 2016 9:40 pm
- Forum: Money, Banking and Insurance
- Topic: Transferring large amount via SWIFT
- Replies: 12
- Views: 3689
Re: Transferring large amount via SWIFT
Thanks for the replies everyone. I decided to do a less meaty test transfer of $20K+ to make sure things are running smoothly. The transfer was actually super fast, the Cambodian bank received the SWIFT message in less than 24 hours. However, they then called me up and said that they need to ask som...
- Mon Dec 05, 2016 11:44 pm
- Forum: Money, Banking and Insurance
- Topic: Transferring large amount via SWIFT
- Replies: 12
- Views: 3689
Transferring large amount via SWIFT
Has anybody successfully transferred large amounts (US$150K-$300K) via SWIFT to Cambodia? I tried making a transfer today, and when the banker in the originating bank entered the details, she received a warning prior to the transfer saying something along the lines of "Since this is a transfer to Ca...