Banking car purchase experiences.

Last activity 26 April 2020 by Apokalis

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ApokalisActive member24 April 2020 18:06:07

Wanted to find out and ask from any of the Expat community in Cambodia, what has been your experiences dealing with your Banking needs and purchasing vehicles, either used or brand new.
I'm also curious to hear stories about your experiences dealing with banks as a foreigner.
Which bank do you like and trust? What are the advantages and disadvantages in comparison to your experiences back home?

JoeKhmerCambodia expert25 April 2020 10:17:23

2166

Not sure if you confused banking with financing.

Banking is as usual, if you have enough in your account you can buy whatever you want.

Special remark: if you would like fixed deposit account, the interest is about 8% if you keep a Khmer Riel account.

Never had any problem with my bank, Canadia.

Cheers

Joe

ApokalisActive member26 April 2020 04:01:35

Thank you Joe Khmer,
No... I actually meant banking, not financing.
Thanks for the response.

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