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Cambodian and Thai Banks Launch Cross-Border Payment System

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The Bank of Thailand and the National Bank of Cambodia have started facilitating convenient and secure payments between the two countries.

Thai tourists can now make purchases from Cambodian merchants using cross-border QR through the mobile banking apps of Thai banks Krung Thai Bank, Krungsri Bank, and Kasikornbank.

In return, Cambodian tourists visiting Thailand can also make purchases from Thai merchants through the mobile banking apps of ACLEDA Bank, Sathapana Bank, Hattha Bank, FTB Bank, and Cambodia Post Bank.

The cooperation not only reduces transaction costs but also promotes the use of local currencies, the Thai baht and the Cambodian riel, without the need for currency conversion.

Find more details by clicking HERE.

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