Search found 7 matches

by Tom G Baal
Sun Jul 03, 2022 11:55 am
Forum: Ask the Expats (Questions & Answers)
Topic: Need advice on buying Borey unit in Cambodia
Replies: 20
Views: 4175
Cambodia

Re: Need advice on buying Borei unit

One thing to consider is the ability to sell the unit. Many of the people buying in are doing so for the same reasons you mention. Financing through the builder is often easier than through the bank. So it is easier to buy a new one than a preowned one. A friend of mine is trying to sell theirs, and...
by Tom G Baal
Tue Jan 12, 2021 12:56 pm
Forum: Ask the Expats (Questions & Answers)
Topic: Canada to Cambodia money transfer
Replies: 23
Views: 5262
Cambodia

Re: Canada to Cambodia money transfer

I have used Swift to transfer from Canada to Canadia in the past. Make sure you fill out the form with the Canadia staff, as the account number in your passbook is not the complete account number. Also confirm the intermediary transfer bank every year or so, to make sure it is still the same. I was...
by Tom G Baal
Tue Jan 12, 2021 5:19 am
Forum: Ask the Expats (Questions & Answers)
Topic: Canada to Cambodia money transfer
Replies: 23
Views: 5262
Cambodia

Re: Canada to Cambodia money transfer

I have used Swift to transfer from Canada to Canadia in the past. Make sure you fill out the form with the Canadia staff, as the account number in your passbook is not the complete account number. Also confirm the intermediary transfer bank every year or so, to make sure it is still the same.
by Tom G Baal
Thu Jun 11, 2020 10:23 am
Forum: Business and Finance
Topic: Microfinance updates?
Replies: 36
Views: 17392
Cambodia

Re: Microfinance updates?

At this point Prasac is offering 7.5% on a monthly interest TD, and 7.5% on their bond that pays bi-annually. There is no liquidity on the bond at all, and no guarantee of payment for interest or principle for 3 years. Why would anyone buy the bond? ABA TD is 3.7% with their bond paying 7.75%. Phill...
by Tom G Baal
Sun Feb 23, 2020 8:24 pm
Forum: Ask the Expats (Questions & Answers)
Topic: My first solo visa run
Replies: 59
Views: 12815
Cambodia

Re: My first solo visa run

I went to Poipet 8 months ago with a hotel booking confirmation for one night in Aranyaprathet, and was refused entry. The angry woman in the glass cage looked at the expiry date of my current visa and yelled at me for doing a visa run then refused entry. Already stamped out of Cambodia, that no man...
by Tom G Baal
Sun Jan 05, 2020 10:13 am
Forum: Ask the Expats (Questions & Answers)
Topic: Money Exchange
Replies: 6
Views: 2010
Cambodia

Re: Money Exchange

Hi Tim, Check your online banking options. I have a Scotia account and WU is built right in to the transfer services. When you WU yourself cash, make sure you write the recipients name exactly as it appears in your passport, (middle name included). Then wait an hour, head to any WU branch and pick u...
by Tom G Baal
Mon Mar 26, 2018 3:02 pm
Forum: Business and Finance
Topic: Microfinance updates?
Replies: 36
Views: 17392
Cambodia

Microfinance updates?

It's been nearly a year since the microfinance rate cap went into effect. Has anyone seen a rate drop at their institution of choice since last April? Vision is the only place I've deposited outside of my bank, and I neglected to write down what other institutions were offering last year. Any proble...