Strengthening tie-up with Development Bank of the Philippines
ABA Bank, one of Cambodia’s premier banking institutions, and Development Bank of the Philippines (DBP), a government-run financial institution in the Philippines, have restructured its long time partnership to better serve the remittance requirements of the Filipino workers in Cambodia.
From now on, ABA Bank and DBP offer a safe, fast, efficient and most affordable means of sending hard-earned money to beneficiaries in the Philippines. This includes funds transfer through banks and non-bank service providers (like pawnshops and rural banks), door-to-door cash delivery and payment to government institutions like SSS, Phil health & PAG-IBIG.
Aside from the improved mode of service, the fees and charges were also revised and now can go as low as $4.00 per transaction with a maximum transaction of up to US$10,000 per day. The improved service called DBP EC Remit is now available in all ABA Bank branches nationwide.