ego bibere nimis wrote: ↑Wed Jul 27, 2022 11:06 am

kampuchea9999 wrote: ↑Wed Jul 27, 2022 9:56 am

Spigzy wrote: ↑Mon Jul 25, 2022 11:28 pm Likewise if your bank ATM is close enough and cheaper that's cool, but again there are some who will travel out of their way, paying a tuk-tuk $4 to save $4 on a bank fee, seems odd to me to have such a hang up

Isn't it a good thing to pay $4 to Bred plus the other $4 to a local driver rather than all $8 to ABA?
I know some people don't have time but I don't mind going a bit out of my way if it benefits a local guy rather than an multinational bank.

Even if one isn't bothered about supporting locals, at least avoiding expensive companies like ABA helps discourage rising fees.

If you are not on holidays and live here, ABA is the way to go. If you are here on holiday and worrying about $4 then, well....maybe international holidays aren't for you.

Ad Infinitum wrote: ↑Mon Aug 01, 2022 11:58 pm Evening all...

Pretty new with my WISE & ABA Debit Account Set up...

What is the best way to transfer from WISE to ABA account ?, is there a $200 a month limit with extra charges from WISE ? I do have all the T & C's just thought I'd put it out here to ask others in similar situations..

Anyone transferred over from WISE to ABA would be interesting to hear the full fee's ?? Surely its not cheaper to take out of the A.T.M. & then deposit ??

Kammekor wrote: ↑Sat Jul 23, 2022 4:48 pm

Bongmab69 wrote: ↑Sat Jul 23, 2022 4:00 pm of course they take some commision on it, if getting 1100 US they charge me 1123 which is 4 US atm-fee and 19 for them, totaly about 2% but they take as good as nothing on the exchange when i move my euros to US in their sub-account. All together, the only better way to exchange euros, is bring cash, but officially you cant take more then 10.000 even i ve knever been checked about that. And if you have a khmer bank-account it would be even better, but as i dont live in KOW its a fucking pain in de ass to open an account i heared. And even with an account, it can make trouble, my belgian friend sended in november 5000 to his account and another 5000 to his wifes account, his account was doen and his wifes account didnt receive nothing, the official explanations was (from canadian bank) that the money was send back to belgium because her account was "sleeping" because not using it for long time. The money was blocked in Frankfurt, he came back in march to Belgium and still no sign from the money. He got it beck in may, after 6 months, but ofcourse wit a lot of costs !!

I use SWIFT transfers into my ACLEDA account all the time and cost wise it beats any other method, even with the ridiculous 'intermediate bank fee'. I only use my foreign cards in emergency cases because the fees are insane these days and the rate I get is 2-3% lower than the SWIFT transfer rate.

You have to be really precise though in giving the correct numbers, and I once had my inbound transfer blocked at a US intermediary bank because the 'date of birth' of the receiver was missing in the description. Ever since I include the letter DOB with some numbers and it's fine. Generally the money is in within hours, but if it's not there within 24 hours contact your home bank and let let them trace the money. The will be able to tell you exactly where it is and if something is wrong they can solve it, or retrace the money within hours.

Spigzy wrote: ↑Mon Jul 25, 2022 7:37 pm I will sit & wait for the laughable "use Crypto!!" brigade to turn up!

BuckDefiant wrote: ↑Sat Aug 13, 2022 1:17 am

Kammekor wrote: ↑Sat Jul 23, 2022 4:48 pm

Bongmab69 wrote: ↑Sat Jul 23, 2022 4:00 pm of course they take some commision on it, if getting 1100 US they charge me 1123 which is 4 US atm-fee and 19 for them, totaly about 2% but they take as good as nothing on the exchange when i move my euros to US in their sub-account. All together, the only better way to exchange euros, is bring cash, but officially you cant take more then 10.000 even i ve knever been checked about that. And if you have a khmer bank-account it would be even better, but as i dont live in KOW its a fucking pain in de ass to open an account i heared. And even with an account, it can make trouble, my belgian friend sended in november 5000 to his account and another 5000 to his wifes account, his account was doen and his wifes account didnt receive nothing, the official explanations was (from canadian bank) that the money was send back to belgium because her account was "sleeping" because not using it for long time. The money was blocked in Frankfurt, he came back in march to Belgium and still no sign from the money. He got it beck in may, after 6 months, but ofcourse wit a lot of costs !!

I use SWIFT transfers into my ACLEDA account all the time and cost wise it beats any other method, even with the ridiculous 'intermediate bank fee'. I only use my foreign cards in emergency cases because the fees are insane these days and the rate I get is 2-3% lower than the SWIFT transfer rate.

You have to be really precise though in giving the correct numbers, and I once had my inbound transfer blocked at a US intermediary bank because the 'date of birth' of the receiver was missing in the description. Ever since I include the letter DOB with some numbers and it's fine. Generally the money is in within hours, but if it's not there within 24 hours contact your home bank and let let them trace the money. The will be able to tell you exactly where it is and if something is wrong they can solve it, or retrace the money within hours.

>> and cost wise it beats any other method,

Beg to differ. SWIFT normally $35-$40, alternative is...

MoneyGram App debit against US Bank -> Myself/Cambodia -> ABA App | Collect International Transfer directly into ABA account : Total Cost $4.99 up to ~$7,500USD, catch is it takes 4-5 business days, but since I'm reloading my KH account don't sweat it. Working like clockwork for >2 years. Yeah!