Mobile banking in Cambodia

Cambodia's ACLEDA Bank, who operates the largest bank branch network in Cambodia, has just announced that it has launched mobile banking services for retail clients. The service, called "Unity", provides mobile customers with the ability to view account balances, obtain a mini-statement, transfer between their accounts, make payments to other people, make bill payments and top-up their mobile phones.

The bank is marketing its new services as a virtual ‘bank in your pocket’ – providing convenient and secure way to manage all regular daily banking transactions. The system operates in both the English and Khmerlanguages and handles transactions in Khmer Riels, US Dollars and Thai Baht,with other currencies to follow.

“Our aim is to offer access to financial services to the whole community”, said Mr. In Channy, ACLEDA’s President and CEO. “Unity works with all mobile phone networks and a very wide range of mobile handsets. It ‘unites’a whole selection of financial services under one umbrella that simplifies day-to-daybanking through mobile phones anywhere in the country. For those customers whohave global roaming it will even work throughout the world”, he said.