ABA Bank sets correspondent relations with Woori Bank
ABA Bank established correspondent relations with Woori Bank to enhance its remittance service to and from South Korea. From now on, ABA customers will enjoy one more channel of fast and secured money transfers between Cambodia and South Korea at reasonable rates.
“ABA opened KRW and USD accounts with Woori Bank in order to give more options to our customers who have business or personal relations with South Korea,” said Zhiger Atchabarov, Chief International Operations Officer of ABA Bank. “Our customers show great demand in money transfers to and from South Korea, so our partnership with Woori Bank was a natural fit to meet this demand,” he added.
This partnership with the largest commercial bank in South Korea proves ABA’s international recognition and credibility across the region. For the full list of correspondent banks of ABA Bank, please go to Correspondent banks page.
About Woori Bank
Woori Bank is a subsidiary of the parent company Woori Financial Group. Founded in 1899, the Bank now provides a wide range of commercial, retail and investment banking services to 21 million customers through about 1,000 domestic branches and over 200 oversea offices in 25 countries, including Australia, China, Hong Kong, Singapore, India, UK, USA, Indonesia and Vietnam. Woori Bank received the issuer credit ratings ‘Aa2’, ‘AA’ and ‘AA-‘ from Moody’s, Standard & Poor’s (S&P) and Fitch Global Ratings respectively.