National Bank of Cambodia, Maybank launch real-time funds transfer service - 0 views
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John Kiff on 11 Aug 21The National Bank of Cambodia (NBC) and Malaysia's Maybank Group reportedly launched the Maybank-Bakong Cross Border Funds Transfer -- a real-time funds transfer service between Malaysia and Cambodia through the NBC's Bakong e-wallet and Maybank's MAE app. In the first phase, customers will be able to transfer funds from Malaysia to Cambodia, while transfers from Cambodia to Malaysia will be rolled out at a later date. There is a minimal service fee. Maybank customers can transfer funds up to US$2,500 (or RM10,000 equivalent) daily via their mobile devices.