News

NBC yet to issue ‘small banknote fee’

The National Bank of Cambodia (NBC) is continuing to accept small denomination US banknotes ($1, $2 and $5) “free of charge” from financial institutions, despite the August 31 deadline it had set out in May. ...

Harrison White and Sok Chan
https://www.khmertimeskh.com/50770277/nbc-yet-to-issue-small-banknote-fee/

Public ‘OK’ with removal of small-dollar banknotes

As the deadline draws close for commercial banks and microfinance institutions to send back smaller dollar banknotes to the National Bank of Cambodia without a service charge, businesses are seeing an increase in the use of the riel transactions with no real complaints from shoppers. ...

Jason Boken
https://www.khmertimeskh.com/50757036/public-ok-with-removal-of-small-dollar-banknotes/

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