Business Remittance Local Transfer

Local Transfer

Worry-free money transfers with UCB.

UCB offers simple, fast - and most importantly - secure money transfers, so you can rest assured that your funds will be delivered or received reliably, to and from your loved ones or business partners.

LOCAL FUND TRANSFER (E-PAYMENT)

DESCRIPTION KHR(1) USD EUR/SGD/THB/JPY/CNY
Fund Transfer to Other Bank/MFI
0.05%
(Min. 40,000)
0.05% (Min.10.00)

0.05%

(Min. Equivalent to USD10)
Inward Fund Transfer from Other Bank/MFI 8,000 2.00 Equivalent to USD2

FAST PAYMENT (REAL-TIME KHR FUND TRANSFER ONLY)

Fund Transfer to Other Bank/MFI ≤ 4,000,000 4,000 Based on the Bank Exchange Rate.
> 4,000,000 to
≤ 20,000,000
8,000
> 20,000,000 to
≤ 40,000,000
12,000

Remark:

(1) The fee and charge in KHR (1) are approximate and you might be asked to pay more based on current exchange rate between KHR and USD. EUR/SGD/THB/JPY/CNY are calculated based on the UCB Exchange Rate.

(2) The fee will be applied for net amount exceed USD 20,000.00 (Example: Customer withdraw USD 22,000 so that the fee will be USD 22,000 – USD 20,000 = USD 2,000 x 0.10%= USD 2.00 applied).

(3) Interest payment is subjected to withholding tax (4% for Resident and 14% for Non-Resident).

(4) The cash transaction for foreign currencies, beside KHR and USD, shall be converted to KHR or USD.

(5) The bank reserves the right to amend the fees and charge without prior notice to customer.

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