Updated 2 years ago

How to open a bank account in Cambodia? What are the related conditions? Find out in this article.

If you are retiring or going to work in Cambodia, you will probably want to open a bank account. In fact, this will allow you to receive your salary or pension, and perform other transactions. However, you are advised to inquire on the Cambodian banking system and on services provided before proceeding, although formalities seem to be rather simple.

 Good to know:

If you prefer to use the bank account you have opened in your home country, you might be surprised! In fact, for each ATM withdrawal, Cambodian banks will charge you US$ 5. Other fees may also apply.


You are likely to find many banks in Cambodia. The following are the most popular banks:

  • Acleda
  • ANZ Royal
  • Canadia
  • Cambodia Mekong
  • Foreign Trade Bank of Cambodia
  • Union Commercial
  • Vattanac.


To open a bank account in Cambodia, you are required to produce the following documents:

  • your passport
  • a color passport-size identity photo
  • your visa
  • proof of address
  • an employment certificate issued by your employer
  • a small deposit (the amount generally varies from one bank to another).

Note that Cambodian banks do not issue checkbooks, unlike in European countries. This also applies to payment cards, but with a few exceptions. In case you prefer to open a bank account with an international bank, make sure that it offers online banking services.


The use of US dollar is very widespread in Cambodia for all types of transactions. Moreover, most international banks having ATMs in the country provide US$ 50 and US$ 100 bank notes. You will therefore have to exchange these into Cambodian riels. In local banks, on the other hand, transactions take place in riels.

 Useful links:

Expat.com – Finance and banks in Cambodia Forum 
Camconomy camconomy.wordpress.com
Association of Banks in Cambodia www.abc.org.kh

We do our best to provide accurate and up to date information. However, if you have noticed any inaccuracies in this article, please let us know in the comments section below.