Remittance Guide

Remittance in Cambodia: How to Send & Receive Money

Remittances are a significant source of income for many Cambodian households, with the World Bank estimating inflows equivalent to approximately 5% of GDP in recent years. This guide covers the major providers, key corridors, fees, and regulations for sending and receiving money in Cambodia.

Last reviewed: by Nova Blaze AI Editorial Team
~5%
Remittances as % of GDP (recent years)
Source: World Bank
$1B+
Estimated annual remittance inflows to Cambodia
Source: World Bank / NBC
6.5%
Average cost to send $200 to Cambodia (global avg)
Source: World Bank Remittance Prices
15%
Wing Bank inbound transfer user growth (2024–2025)
Source: Cambodia Investment Review

Cambodia's Remittance Market

Cambodia has a large migrant worker population, with hundreds of thousands of Cambodians working in Thailand, South Korea, Malaysia, Japan, and beyond. Remittances from these workers represent a critical income source for rural households and contribute meaningfully to Cambodia's GDP.

According to the World Bank's Remittance Prices Worldwide database, the cost of sending money to Cambodia has declined over the past decade as digital providers have increased competition. However, the average cost of sending $200 to Cambodia remains above the World Bank's 3% target, highlighting ongoing opportunities for fintech innovation in this space.

The National Bank of Cambodia regulates remittance service providers under the Law on Negotiable Instruments and Payment Transactions. All operators must be licensed and comply with anti-money laundering (AML) and counter-terrorism financing (CTF) requirements.

Major Remittance Corridors to Cambodia

Origin CountryPrimary ReasonVolume
ThailandLarge Cambodian migrant worker populationHigh
South KoreaEPS (Employment Permit System) workersHigh
MalaysiaCambodian construction and manufacturing workersMedium-High
USACambodian diaspora (est. 300,000+)Medium
JapanTechnical intern trainees (Tokutei Ginou)Growing
AustraliaCambodian diaspora and studentsMedium

Remittance Providers in Cambodia

Wing Bank

Mobile Money / BankInbound & Outbound
www.wingbank.com.kh
Fees
Varies by corridor
Speed
Minutes to hours
Key Corridors
Thailand, Malaysia, South Korea, USA, Australia

Cambodia's largest mobile money operator; extensive agent network for cash pickup nationwide

Western Union Cambodia

International RemittanceInbound & Outbound
www.westernunion.com
Fees
Varies by amount and corridor
Speed
Minutes
Key Corridors
200+ countries

Available through partner banks and agents across Cambodia; widely trusted for international transfers

MoneyGram

International RemittanceInbound & Outbound
www.moneygram.com
Fees
Varies by amount and corridor
Speed
Minutes to hours
Key Corridors
200+ countries

Available through ACLEDA Bank and other partner institutions in Cambodia

Woori WB Finance

Microfinance / RemittanceInbound
www.wooribankfinance.com.kh
Fees
Competitive rates for Korean corridor
Speed
1–2 business days
Key Corridors
South Korea, Japan

Specialises in remittances from Korean and Japanese workers back to Cambodia

ABA Bank Transfer

Bank TransferInbound & Outbound
www.ababank.com
Fees
SWIFT fees apply
Speed
1–3 business days (SWIFT)
Key Corridors
SWIFT worldwide, KHQR cross-border

Full SWIFT capabilities for international wire transfers; also supports cross-border KHQR for linked countries

Wise (TransferWise)

International FintechInbound to Cambodia
wise.com
Fees
0.5–1.5% typically
Speed
1–2 business days
Key Corridors
USA, EU, UK, Australia, Singapore

Not locally licensed in Cambodia; used by expats and diaspora sending money to Cambodian bank accounts

* Fee and speed information is indicative. Contact providers for current rates. Last updated June 2026.

Regulatory Framework

Remittance service providers in Cambodia must be licensed by the National Bank of Cambodia under the Law on Negotiable Instruments and Payment Transactions. The NBC issues PRAKAS (sub-decrees) governing the conditions for licensing, capital requirements, and operational standards for money transfer operators.

Cambodia is a member of the Asia/Pacific Group on Money Laundering (APG) and has implemented AML/CTF frameworks aligned with FATF recommendations. Remittance providers must conduct customer due diligence (CDD), maintain transaction records, and report suspicious transactions to the NBC's Financial Intelligence Unit.

The Bakong cross-border payment linkages with Thailand, Malaysia, Vietnam, South Korea, Japan, and China are creating new regulated channels for remittances at lower cost, potentially reducing reliance on informal transfer methods.

Tips for Sending Money to Cambodia

Compare fees before sending

Use the World Bank's Remittance Prices Worldwide tool to compare costs across providers for your specific corridor.

Use digital channels where possible

Digital providers like Wise and Wing's app typically offer lower fees than cash-based agents.

Check recipient options

Ensure your recipient can receive via bank transfer, mobile wallet, or cash pickup depending on their location and access.

Consider KHQR cross-border

If sending from Thailand, Malaysia, or South Korea, cross-border KHQR payments via Bakong may offer a fast, low-cost alternative.

Sources

  • World Bank — Personal Remittances, Received (% of GDP) — Cambodia (data.worldbank.org)
  • World Bank — Remittance Prices Worldwide (remittanceprices.worldbank.org)
  • National Bank of Cambodia — Annual Report 2025 (nbc.gov.kh)
  • Cambodia Investment Review — Wing Bank 2024 performance (March 2025)
  • Khmer Times — Remittance and migrant worker coverage
  • Phnom Penh Post — Bakong cross-border payment reports

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