ABA​ Bank​ launches​ 24/7​ self-banking​ spots in​ response​ to​ exponential​ growth​ of​ its​ client​ base

21/Jul/2020

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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 typeDaily cut-off timeDeposit before cut-off timeDeposit after cut-off time
ABA check8:00 PMSame dayNext business day
Another local bank’s check6:00 PMNext business dayTwo 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.