Bank and Money in Phnom Penh

The Cambodian currency is Riel that can fluctuate a little if it is compared with dollars. Riel denominations are 100,000. 50.000, 20,000. 10,000, 5,000. 2,000. 1.000. 500, 200. 100, and 50. Banknotes, which are printed in both Khmer and English. increase in size according to value and in different colors. Credit cards are only accepted in banks and hotels. Most businesses, especially hotels, restaurants, airlines, markets and souvenir shops set their prices in US dollars but it is given in Riel if change of less than one dollar. Foreign currencies can be easily changed at airports. hotels or markets, but American dollars are widely accepted and changed in Cambodia.

This is in no way "Black Market or unofficial," Cambodian Tourist Visa payment and airport departure taxes must be paid in US dollars and cannot be settle in Rid. Money changers are around the markets and you can also exchange money at some stalls, selling goods on the streets, with just slightly cheaper exchange rate than banks and money changers. As at January, 2012 — October, 2012 it is between 4.000 and 4,200 Rid l per US$. ATMs are located across the town. See the Acleda Bank ATM locations on the city map. ACLEDA Bank accepts Visa. Gold Dots and ATMs. ANZ Royal Bank and Canadia Bank ATMs both accept Cirrus, Plus. Maestro. Visa and MasterCard. SBC Bank accepts Visa, MasterCard and ATMs. All ATMs dispenses. Credit Cards: Visa, MasterCard (MC) and JCB cards are the most widely accepted credit cards in Cambodia. AMEX is coming into wider use, as well as the new ANZ Bluespot card. Diners Club ( DC) is accepted at very few places. Most businesses charge a 2% commission on credit card payment. Travelers checks are accepted at most banks, major hotels, restaurants and some money changer. Most banks will exchange Travelers Checks of most major currencies for withdrawal in US$. Generally commission is charged at 2% by the bank. AMEX in US dollars is the most widely accepted. Case Transfers "Money-Gram or Western Union" are the Bank service used to transfer cash instantly. Ordinary telegraphic transfers are available at all major banks. Banks are opened from 8:00am-3:00pm or 4:00pm, Monday to Friday. Some are opened tell Saturday morning 11:30am.