Riel fund transfers to expand under FAST system

4 May 2016
The Phnom Penh Post
Banking and financial services / Banking and financial services policy and regulation / Economy and commerce / Major banks / Micro-finance
ACLEDA Bank / AMK Microfinance Institution Plc. / Cambodia Public Bank / Fast and Secure Transfer (FAST) / National Bank of Cambodia (NBC) / Prasac / VisionFund

Two weeks since the central bank launched its FAST system, which provides instant riel-denominated fund transfers between banking institutions, operations are running smoothly, with usage of the new electronic payment system expected to pick up as it integrates more customers. …

 Kali Kotoski
http://www.phnompenhpost.com/business/riel-fund-transfers-expand-under-fast-system

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