How to send money to Cambodia
Discover how to send money to Cambodia with the best providers in 4 easy steps
1. See if the Cambodian riel mid-market rate is favorable
Although the evolution of the currency market is unpredictable, it never hurts to follow it to maximize how much the recipient will get. Keep track of the exchange rate and validate your transaction when you can get a good exchange rate.
2. Find the best deal by comparing all the available money transfer providers.
There are many services to make money transfers to Cambodia, such as TransferWise, Western Union, MoneyGram, Xendpay, WorldRemit. Using the best service from the list is the best way to save on fees and exchange rate.
3. Select the best service based on your criteria
Do you want to make a transfer to Cambodia at the lowest cost, as quickly as possible or with the solution with the best customer reviews?
It is also interesting to have a look at the payment solution and pay-out options. Most of the time you'll find money transfer providers allowing you to transfer the money directly from your bank account, others will also give you the option to pay by debit and credit cards. On the other side of the transfer, choose if you need the amount in KHR to be deposited on a local bank account or be available for cash pick-up.
4. Sign up and get started wih your money transfer with the provider you selected
Go to the money transfer provider's homepage to complete the sign-up process - be prepared to provide a copy of your ID and/or a proof of adress - and get started with your transfer.