ABA Bank launches 24/7 self-banking spots in response to exponential growth of its client base
21/Jul/2020
ABA Bank, a subsidiary of National Bank of Canada, officially launches the network of its standalone self-banking spots called ABA 24/7 as part of its continuous effort to introduce advanced technologies and highly accessible financial services in response to customers’ rigorous demand. The first ABA 24/7 spot is located on the intersection of St. 182 and 217 in Phnom Penh’s Neang Kong Hing area.
ABA 24/7 becomes one of the Bank’s components to provide extensive banking services around-the-clock and seven days a week that help customers perform cash deposits, cash withdrawals, and check deposits without having to wait in line at bank branches.
ABA 24/7 is the first facility of the Bank that offers Check Deposit service via a self-service machine. The machine accepts ABA checks as well as checks from other local banks. The check clearing timeline is as follows:
Check type | Daily cut-off time | Deposit before cut-off time | Deposit after cut-off time |
ABA check | 8:00 PM | Same day | Next business day |
Another local bank’s check | 6:00 PM | Next business day | Two business days |
Chief Business Development Officer of ABA Bank, Mey Polin commented on the launch, “Our client base is growing exponentially, so that it is important for us to develop alternative channels and boundless services in responding to the significant growth of transactions and to make sure our customers’ convenience is maintained and enhanced regardless of such growth. With significant increase of share of Generation Y and popularity of ABA’s flagship digital services, we have witnessed the significant demand for the round-the-clock service in large cities and provinces of Cambodia. Hence, ABA is in the right moment to launch self-banking spots that are open at any time of the day and are equipped with modern self-banking facilities. These facilities allow our customers to deposit large amounts of cash using Cash Recycling Machines and Cash-in Machines, as well as deposit ABA checks and any other local banks’ checks via our Check Deposit machines.
“ABA 24/7 self-banking spots will be strategically located in high-traffic areas, and we plan to open several more spots in Phnom Penh and other large cities this year,” he added.
For inquiries related to ABA 24/7 self-banking spots, please call us at 023 225 333. More info on ABA 24/7 is available here.
As of Q2 2020, ABA Bank runs the second-largest ATM network in Cambodia with 370 ATMs. Additionally, ABA serves its customers through 188 Cash-In Machines and 82 Cash Recycling Machines.