Compare money transfer from Cambodia

The best services for sending money from Cambodia overseas

You might be aware of the fact that Cambodia is one of the poorest countries in the world. So, there are very limited options to send money. The range of digital payment service providers has risen exponentially since 2018. The Kingdom of Cambodia has seen a remarkable penetration of the internet through high mobile usage. Well, it does make sense that online international transfers have also expanded in Cambodia.

So, the best way to send money from Cambodia overseas is through PayPal, which allows you to send and receive money. A substantial amount is lost due to fees, and poor exchange rates. There’re various other options for online money transfer and you must explore all before using a particular service.

How to transfer money from Cambodia overseas online?

The online money transfer operating in Cambodia transfer services for a very nominal fee. There is an option which most of the Cambodians follow is you can choose Bangkok Bank which charges a minimal amount under a particular transaction. You don’t need to open a bank account with that particular bank, although they will ask all the details about the transfer. This is the cheapest way to send money from Cambodia overseas.

Which provider to use to wire money from Cambodia overseas?

There are various options that you can wire money from Cambodia overseas. Let’s discuss these options one by one:

• The first option is to frequently check the riel rate and exchange rates.
• Transferwise, Moneygram, Western Union, World Remit, Xendpay, and Ria are other viable options.
• Bank Transfers
• Money transfer providers give you the easiest way to transfer your money online
• Cheques and money order obtained from your bank is not a quick option though, but you can send international cheques overseas.

How much does it cost to send money overseas from Cambodia?

Transferring money online has its set of advantages, including that of low fees and attractive exchange rates. There’re several instances when the beneficiaries received more money than was transferred because of higher exchange rates. Since the exchange rates change daily, so it’s not possible to provide an exact figure for the cost; however, once you compare the rates and fees offered by different service providers, you’ll be able to calculate the exact price for transferring money from Cambodia overseas. Our website offers a detailed comparison of these fees charged by different service providers and you can easily find the cheapest in the lot.

Our advantages

Cambodia offers services online as being seen by taking care of the cross border transactions for a minimal fee and also provides advice about how to complete an international transaction.  You need to take all the aspects of online transfers into considerations before jumping into a conclusion. It is also needful to mention checking with your local bank for other details and hidden charges. The option of dozens provides the marketplace and the situation very much fluid. Always act wisely before using the services and check for all fees involved.