RemitEx

To provide a better experience for multi-currency money transfers, ABA introduces RemitEx – a dedicated money transfer channel with fixed exchange rates for selected countries. 

RemitEx money transfer service allows you to enjoy fixed exchange rate when the sending currency is different from the receiving currency, so your recipient won’t lose on the fluctuation of the currency exchange rate that occur after the transaction is made. The transfer amount will be debited from your ABA Bank account in USD and credited to your beneficiary’s bank account in their local currency.

With RemitEx, you can now transfer funds to your family, friends or business partners in more than 110 currencies available and enjoy the service with favorable charges and no exchange rate fluctuation.

Fees and charges

AmountCommissionCable Charge
Any amount0.15%, min. 15 USD15 USD

Eligible countries and their currencies

Country NameCurrency
United Arab EmiratesDirham (AED)
AustraliaDollar (AUD)
CanadaDollar (CAD)
SwitzerlandFranc (CHF)
Hong KongDollar (HKD)
JapanYen (JPY)
Malaysia*Ringgit (MYR)
NorwayKrone (NOK)
New ZealandDollar (NZD)
PolandZloty (PLN)
QatarRiyal (QAR)
Saudi ArabiaRiyal (SAR)
SwedenKrona (SEK)
TurkeyLira (TRY)
South AfricaRand (ZAR)
KuwaitKuwaiti Dinar (KWD)
PhilippinesPeso (PHP)
IndiaRupee (INR)
DenmarkDanish krone (DKK)

Show more

Note:

  • Transaction limits may vary based on receiver's country
  • Payment option will be selected by ABA Bank based on available payment option of correspondent bank.
  • Transfer will be debited from your account in USD and credited to the beneficiary's bank in one of 110+ available currencies.
  • Other fee and charges including amendment fee and/or cancellation fee may apply.
  • Currency exchange rate is provided by ABA Bank every morning and valid for 24 hours.

Visit the nearest ABA branch and complete the International Money Transfer form. The latest currency exchange rates are updated every morning and they are valid for 24 hours.

Please​ read​ these​ terms​ and​ conditions​ carefully.​ These​ terms​ and​ conditions​ are​ an​ Agreement​ between​ you​ (“the​ Applicant”),​ and​ Advanced​ Bank​ of​ Asia​ Limited​ (“the​ Bank”)​ on​ money​ transfers.​

  1. The​ Applicant​ confirms​ that​ the​ provided​ information​ is​ true​ and​ correct​ and​ the​ Bank​ is​ not​ responsible​ for​ any​ delays,​ errors​ and​ omissions​ caused​ by​ misprinting​ and/or​ inaccuracy​ of​ the​ Applicant.
  2. The​ Applicant​ authorizes​ the​ Bank​ to​ debit​ his/her​ account​ for​ the​ transfer​ amount​ and​ amount​ of​ commissions​ and​ fees.
  3. The​ Applicant​ understands​ and​ confirms​ that​ the​ Bank​ will​ apply​ its​ internal​ currency​ exchange​ rate​ to​ process​ money​ transfer​ in​ foreign​ currency.
  4. The​ Applicant​ authorizes​ the​ Bank​ to​ postpone,​ suspend​ or​ cancel​ the​ money​ transfer​ if​ the​ Bank​ or​ correspondent​ bank​ found​ that​ it​ may​ be​ related​ to​ unlawful​ conduct​ and/or​ breach​ of​ any​ national​ or​ international​ laws​ or​ regulations.
  5. The​ Applicant​ undertakes​ that​ the​ money​ transfer​ is​ not​ related​ to​ any​ illegal​ activities​ and/or​ money​ laundering​ and/or​ terrorism​ finance.​ The​ Bank​ has​ the​ right​ to​ reject​ or​ suspend​ any​ transfer​ if​ required​ for​ its​ AML/KYC​ purposes.
  6. The​ Applicant​ undertakes​ to​ provide​ additional​ information​ and/or​ documents​ related​ to​ the​ money​ transfer​ if​ requested​ by​ the​ Bank.
  7. The​ Bank​ may​ change​ its​ fees​ and​ commissions​ as​ well​ as​ these​ Terms​ and​ Conditions​ from​ time​ to​ time​ without​ prior​ notice.
  8. The​ Bank​ may​ disclose​ the​ money​ transfer​ information​ to​ third​ parties​ in​ accordance​ with​ the​ legislation​ of​ the​ Kingdom​ of​ Cambodia​ including,​ but​ not​ limited​ by,​ court​ decisions,​ investigations​ and​ regulations.
  9. In​ case​ of​ the​ money​ transfer​ cancellation,​ the​ Bank​ will​ return​ the​ Applicant's​ funds​ only​ upon​ receipt​ of​ funds​ from​ correspondent​ bank.​ The​ Applicant​ understands​ and​ agrees​ that​ correspondent​ banks​ might​ charge​ cancellation​ and​ other​ fees,​ and​ that​ the​ applied​ exchange​ rate​ may​ be​ changed.
  10. The​ Bank​ is​ not​ responsible​ for​ any​ taxes,​ duties​ and​ other​ expenses,​ which​ might​ occur​ in​ other​ countries​ in​ relation​ to​ the​ money​ transfer.
  11. To​ complete​ the​ transfer​ properly,​ the​ Bank​ may​ select​ a​ correspondent​ bank​ by​ its​ own​ decision​ acting​ on​ the​ best​ efforts​ basis.​ Such​ correspondent​ bank​ may​ charge​ a​ fee,​ which​ will​ be​ deducted​ from​ the​ funds​ paid​ to​ the​ beneficiary​ or​ will​ be​ charged​ to​ the​ Bank.​ If​ the​ correspondent​ bank's​ fee​ is​ charged​ to​ the​ Bank,​ the​ Bank​ will​ debit​ the​ Applicant's​ account​ for​ amount​ of​ such​ fee.
  12. Transfers​ received​ after​ 4​ PM​ Cambodia​ time​ will​ be​ processed​ on​ the​ next​ working​ day.
  13. To​ amend​ or​ cancel​ your​ transaction​ you​ should​ fill​ in​ and​ sign​ the​ amendment/cancellation​ form​ and​ personally​ bring​ it​ to​ any​ of​ our​ offices.​ Any​ request​ to​ amend​ or​ cancel​ the​ payment​ received​ by​ us​ via​ email​ or​ phone​ will​ be​ disregarded.​ The​ form​ can​ be​ downloaded​ on​ our​ website​ using​ this​ link.
  14. Payment​ option​ “OUR”​ means​ that​ the​ transfer​ amount​ will​ be​ delivered​ without​ deductions​ to​ beneficiary’s​ bank,​ NOT​ to​ the​ beneficiary.​ The​ beneficiary’s​ bank​ might​ also​ charge​ certain​ fees.​ The​ Bank​ does​ not​ guarantee​ the​ delivery​ of​ full​ transfer​ amount​ to​ the​ beneficiary.
  15. Payment​ option​ “BEN”​ means​ that​ the​ Bank’s​ fees​ and​ the​ fees​ of​ correspondent​ banks,​ if​ any,​ will​ be​ deducted​ from​ the​ transfer​ amount.​ The​ Applicant​ understands​ and​ confirms​ that​ is​ this​ option​ is​ selected,​ the​ transfer​ amount​ will​ be​ reduced​ for​ amount​ of​ fees.

General Terms and Conditions apply. You need Adobe Reader to view this PDF files.