News

Cross-border payment services to be expanded

The National Bank of Cambodia (NBC) plans to expand its cross-border payment and transfer connections to China, Singapore and India this year. ...

Van Socheata
https://www.phnompenhpost.com/business/cross-border-payment-services-be-expanded

Chinese yuan not to be legalized in Cambodia, NBC confirms

The agreement between the National Bank of Cambodia (NBC) and UnionPay International is not to legalize the Chinese currency in the nation but rather to raise the prestige of the Khmer riel through cross-border QR payments, NBC’s deputy governor-general confirmed after concerns were raised over ...

Mao Sreypich
https://kiripost.com/stories/nbc-chea-serey-chinese-yuan-not-to-be-legalized-in-cambodia

Cross-border QR payments between China and Cambodia launch

The National Bank of Cambodia (NBC) and UnionPay International (UPI) signed a deal on Monday to promote cross-border payment with China and improve the use of the Khmer riel. ...

Yatt Malai
https://kiripost.com/stories/cross-border-qr-payments-between-china-and-cambodia-launch

Cambodia to promote cross-border digital payment with Việt Nam, Laos

National Bank of Cambodia (NBC) is preparing to sign agreements with the State Bank of Vietnam and the Bank of the Lao People’s Democratic Republic to promote the use Cambodia’s local currency, riel, in their economic activities. ...

Khmer Times Staff
https://www.khmertimeskh.com/501311878/cambodia-to-promote-cross-border-digital-payment-with-viet-nam-laos/

Cambodia, Thailand launch cross-border QR payment phase II

Cambodia and Thailand launched the second phase of their cross-border QR payment system, which aims to promote the use of local currencies, financial inclusion and cross-border trade and tourism. ...

Chea Vanyuth
https://www.khmertimeskh.com/501303481/cambodia-thailand-launch-cross-border-qr-payment-phase-ii/

NBC, Bank of China discuss cross-border payment

National Bank of Cambodia (NBC) and Bank of China on Wednesday discussed means to expand the cross-border payment between the two countries as well as develop transactions in other member states of the Association of Southeast Asian Nations (ASEAN), said a release. ...

Kang Sothear
https://www.khmertimeskh.com/501244403/nbc-bank-of-china-discuss-cross-border-payment/

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