Money withdrawals from automated teller machines (ATMs) in Cambodia usually dispense US {dollars}, the predominant forex for many transactions. Whereas Cambodian riel is the official forex, ATMs typically present USD in various denominations, usually prioritizing $100 and $50 payments. The utmost withdrawal quantity per transaction varies relying on the precise ATM and the consumer’s financial institution card limits. It’s common to come across limits starting from $200 to $500 per transaction, although some ATMs could provide larger limits. One must be conscious that transaction charges, charged by each the native ATM and the cardholder’s financial institution, are frequent.
Entry to available US {dollars} by a widespread ATM community simplifies monetary transactions for residents and guests. This accessibility facilitates day by day bills, bigger purchases, and emergency fund entry. The prevalence of USD alongside the native forex has a fancy historic context tied to durations of financial instability and the following dollarization of the Cambodian financial system. This dual-currency system has made ATM entry essential for handy money movement administration.
