Banking
I find it extraordinary Lloyds can't do a bank transfer here. I've done them from Barclays. Cambodian banks manage it well enough.
In the last hour, have received an email from a manager stating that they 'may' be able to do it. I just don't see the bloody issue. If I was in the UK I could go into an HBOS branch and make a SWIFT transfer to an account here. It's relatively easy. So if an individual can do it, why can't the actual bank do it?scobienz wrote:I find it extraordinary Lloyds can't do a bank transfer here. I've done them from Barclays. Cambodian banks manage it well enough.
Awaiting the next episode with interest
“The whole secret lies in confusing the enemy, so that he cannot fathom our real intent.”
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I was told by the DWP, the Royal Mail Pension Fund, and the Prudential, that they couldn't make swift transfers to my ABA account, after I queried this, all three suddenly found out that they could. British financial institutions seem to be singularly lackng when it comes to providing accurate information.
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Cambodia is a complete pariah as far as int'l banking goes. Any transfer of funds to Cambodia is eyed suspiciously by the various regulating bodies and compliance officers within banks have therefore become much stricter in the past few years to the point where to make even a smallish transfer, say $2000, you better have a good explanation or even an invoice from an established supplier.
Each time I had to transfer funds to Cambodia, no matter how small the amount, I was "randomly queried" as to the why's and who's of the transferred sums. Quite annoying and you want to tell them to fuck off, except it might be even worse at another bank.
Each time I had to transfer funds to Cambodia, no matter how small the amount, I was "randomly queried" as to the why's and who's of the transferred sums. Quite annoying and you want to tell them to fuck off, except it might be even worse at another bank.
I have money transferred from foreign banks to my Cambodian ABA account via SWIFT at least once or twice every month, not small amounts either, have NEVER had any issues whatsoever.
I'm not a negative person, I encourage people all the time...it's usually to f**k off! But, whatever.
That is not my experience at all and like PSD I have had four and five figure sums transferred to my ABA account from numerous countries including UK, Singapore, South Africa, New Zealand regularly for the last two years and never had any queries or delays at all.The third man wrote:Cambodia is a complete pariah as far as int'l banking goes. Any transfer of funds to Cambodia is eyed suspiciously by the various regulating bodies and compliance officers within banks have therefore become much stricter in the past few years to the point where to make even a smallish transfer, say $2000, you better have a good explanation or even an invoice from an established supplier.
Each time I had to transfer funds to Cambodia, no matter how small the amount, I was "randomly queried" as to the why's and who's of the transferred sums. Quite annoying and you want to tell them to fuck off, except it might be even worse at another bank.
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I regularly transfer money and by and large it works out ok. Some problems I have encountered though seem to be connected to the sending bank (usually UK but also Singapore) computer system.scobienz wrote:That is not my experience at all and like PSD I have had four and five figure sums transferred to my ABA account from numerous countries including UK, Singapore, South Africa, New Zealand regularly for the last two years and never had any queries or delays at all.The third man wrote:Cambodia is a complete pariah as far as int'l banking goes. Any transfer of funds to Cambodia is eyed suspiciously by the various regulating bodies and compliance officers within banks have therefore become much stricter in the past few years to the point where to make even a smallish transfer, say $2000, you better have a good explanation or even an invoice from an established supplier.
Each time I had to transfer funds to Cambodia, no matter how small the amount, I was "randomly queried" as to the why's and who's of the transferred sums. Quite annoying and you want to tell them to fuck off, except it might be even worse at another bank.
I bank with Campu bank here. Their account numbers are unusually long and contain several '-''s. The sending bank system usually has a limit on the number of characters allowed for the account number. Sometimes the plebs at the bank just arbitrarily choose the first 8, or last 8 digits & add spaces / dashes or just ignore them.
I believe that some banks need to do some sort of a manual process to bypass the character limitation on the computer system - but sometimes the cashier, (17 years old, just finished GCSE's) tries to force the transfer through the system and it unsurprisingly fails.
Once the process is set up correctly then repeat transfers go through without hitches.
Although recently the post office (whom I use for personal transfers) have started asking more questions about source of funds and reason for transfer. This I guess is just a tightening up of money laundering regs - probably different reqs for higher risk countries.
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