ABA​ enables​ Instant​ Account​ opening​ in​ its​ mobile​ banking​ app

18/Jan/2021

ABA​ enables​ Instant​ Account​ EN

ABA​ Bank,​ a​ leading​ Cambodian​ bank​ in​ digital​ finance,​ introduces​ a​ new​ service​ in​ its​ ABA​ Mobile​ app,​ Instant​ Account.​ Instant​ Account​ replaces​ the​ traditional​ method​ of​ opening​ a​ bank​ account​ at​ the​ branch​ that​ requires​ typically​ traveling​ and​ going​ through​ lengthy​ formal​ procedures.

From​ now​ on,​ any​ Cambodian​ adult​ who​ wishes​ to​ access​ modern​ digital​ banking​ services​ can​ open​ their​ first​ ABA​ account​ right​ through​ ABA​ Mobile​ in​ a​ few​ minutes.

Instant​ Account​ is​ opened​ in​ three​ simple​ steps​

  1. Proof​ of​ identity;​
  2. Selection​ of​ account​ currency;
  3. Setup​ of​ security​ credentials.

Upon​ successfully​ creating​ Instant​ Account,​ customers​ can​ check​ their​ account​ balance,​ receive​ and​ transfer​ funds,​ settle​ all​ bills,​ pay​ with​ ABA​ PAY​ at​ shops,​ restaurants,​ or​ online,​ and​ receive​ notifications​ on​ every​ transaction.

The​ Instant​ Account​ can​ be​ topped​ up​ easily​ via​ any​ Cash-in​ Machine​ (CiM)​ and​ Cash​ Recycling​ Machine​ (CRM)​ of​ ABA​ Bank​ or​ by​ receiving​ funds​ from​ any​ ABA​ account,​ other​ local​ banks,​ or​ e-wallets.

Zokhir​ Rasulov,​ Chief​ Digital​ Officer​ at​ ABA​ Bank,​ commented,​ "We​ believe​ that​ ABA​ Instant​ Account​ will​ open​ up​ new​ opportunities​ for​ millions​ of​ unbanked​ Cambodians​ who​ need​ easy​ access​ to​ financial​ services. At​ ABA​ Bank,​ we​ understand​ that​ we​ all​ lead​ a​ busy​ life,​ so​ with​ this​ convenient​ feature,​ new​ customers​ can​ open​ their​ first​ ABA​ accounts​ from​ the​ comfort​ of​ their​ home​ or​ work​ without​ spending​ time​ in​ traffic​ or​ queues.​ The​ Instant​ Account​ is​ in​ line​ with​ the​ government's​ initiative​ to​ mitigate​ the​ spread​ of​ Covid-19,​ and​ we​ also​ hope​ that​ it​ will​ help​ stimulate​ the​ growth​ of​ cashless​ transactions​ in​ the​ country".

Please​ visit​ Instant​ Account​ webpage​ for​ more​ info​.

You can download the ABA Mobile app from your smartphone's app store below: