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Cambodian Currency

Cambodia: Money

Cambodia: Currency

Cambodian riel (R) is the official tender in Cambodia however the US greenback is the de facto forex and probably the most helpful for the common customer to Cambodia. Most lodges and eating places, retailers, taxis, buses and airways set their costs in US {dollars}. Even the visa costs and departure taxes are set in US {dollars}. Small transactions (lower than a greenback) are often executed in Cambodian riel. Change of lower than $1 is given in riel. All the time carry some small riel for motorbike taxis (motodups), snacks and different small purchases.

The US dollar is Cambodia’s unofficial second currency, but that’s starting to change.

The US dollar is Cambodia’s unofficial second currency, but that’s starting to change.

 

There isn’t any coinage in Cambodia, solely forex notes. Cambodian riel notes are available 50, 100, 500, 1000, 2000, 5000, 10,000, 20,000, 50,000 and 100,000 denominations, however the distinctive crimson 500 riel word and the 1000 riel word are probably the most helpful and customary.

Banks There are banks in all provincial capitals within the nation, together with Phnom Penh, Siem Reap, Sihanoukville, Kampot and Battambang. Banks supply the standard banking providers – money advances on credit playing cards (most settle for Visa card,) worldwide forex change, telegraphic transfers, money vacationers checks. Most banks are open from 8:00 to fifteen:00 or 16:00PM, Monday by Friday. Some are open Saturday mornings till 11:30. ATMs can be found 24 hours.

For financial institution listings and phone particulars see the person metropolis listings:

  1. Siem Reap Banks
  2. Phnom Penh Banks
  3. Sihanoukville Banks

Cash Changers Cash changers supply a barely higher charge that the banks. They’re plentiful and have a tendency to cluster across the conventional markets and there may be often a piece throughout the market devoted to moneychangers and gold sellers.

When accepting US {dollars} in change, examine the payments fastidiously. Marred riel is appropriate tender, however the tiniest tear in a big US word, particularly a $20, $50 or $100 word, renders all of it however ineffective in Cambodia. Banks, moneychangers and different companies is not going to settle for it.

Credit score Playing cards Within the main vacationer cities, bank cards are accepted at most upscale lodges, retailers and eating places, some mid-range place and a rising variety of different companies. Bank cards are basic not accepted at any companies outdoors of Phnom Penh, Siem Reap, Sihanoukville and the casinos in Poipet. Visa, MasterCard (MC) and JCB playing cards are probably the most extensively accepted bank cards in Cambodia. AMEX is coming into wider use, in addition to the brand new ANZ Bluespot card. Diners Membership (DC) is accepted at only a few place. Most companies cost a 2%-4% price to just accept bank cards.

ATMs There are actually ATMs with worldwide entry throughout Cambodia. All ATMs settle for Visa and MasterCard. Many additionally settle for Cirrus, Plus and Maestro. All ATMs dispenses US {dollars}. For areas see the ATM icon on town maps.

Vacationers Checks Vacationers checks are nonetheless accepted at some banks and lodges, however fewer locations on a regular basis.

Money Transfers ‘On the spot’ money transfers may be executed by MoneyGram or Western Union. Peculiar telegraphic transfers can be found in any respect main banks.

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