How to avoid bank fees when taking out cash in Cambodia?

How to avoid bank fees when taking out cash in Cambodia? - Silver Round Coins on Brown Wooden Surface

I am European and have UK (Visa), Dutch (MaestroCard), Lithuanian (MasterCard) debit cards and Revolut card*. Lately I have been reading horror stories on how to get cash out in Cambodia and how some poor souls seem to get 15$ in charges per 300$ taken out... which makes scrooge like myself cringe and loose sleep...

I will be staying in Phnom Penh and then Sihanoukville, what are cheapest ways to get money out?

*link gives me 5$ if you get one...



Best Answer

I could be wrong, but try Santander Bank, link below. In many locations around the world this is how we avoid bank charges. It is one of the only/few banks that really works for the customer when abroad.

Santander

https://en.portal.santandertrade.com/country-profile/110,cambodia




Pictures about "How to avoid bank fees when taking out cash in Cambodia?"

How to avoid bank fees when taking out cash in Cambodia? - Bitcoins and U.s Dollar Bills
How to avoid bank fees when taking out cash in Cambodia? - 100 US Dollar Banknotes
How to avoid bank fees when taking out cash in Cambodia? - Round Silver and Gold Coins



How can I withdraw money without fees?

  • Use a bank-owned ATM. The simplest way to avoid ATM fees is to stick with ATMs in your bank's ATM network. ...
  • Get reimbursed by your bank. A small number of banks, notably Chime and Simple, charge no fees no matter what you do with your checking. ...
  • Get an ATM-free bank account. ...
  • Grocery store cash back. ...
  • Go cashless.


  • Is there a fee for withdrawing cash?

    Banks charge non-customers $1.50 to $3.50 at their ATMs, but non-bank ATM operators often charge more, up to $10 per transaction.

    How can you reduce or eliminate ATM fees?

    How to Avoid ATM Fees
  • See if cards or digital wallets are accepted. ...
  • Find an ATM in your bank's network. ...
  • Get cash back at a store checkout counter. ...
  • Choose a bank or credit union that reimburses ATM fees or has a larger network.


  • How can international ATM fees be avoided?

    Here are five ways to dodge foreign transaction fees and international ATM fees.
  • Get a Credit Card Without a Foreign Transaction Fee. ...
  • Open a Bank Account That Doesn't Charge Foreign Fees. ...
  • Exchange Currency Before Traveling. ...
  • Avoid Using Foreign ATMs. ...
  • Find out if Your Bank Has a Foreign Partner.





  • More answers regarding how to avoid bank fees when taking out cash in Cambodia?

    Answer 2

    Last time I was in Cambodia, which was a few years ago, Vattanak Bank was free, for European cards only. As the article says Canadia used be free but that was some years ago. According to the article you linked though, Maybank is still free, so I'd give them a go.

    I have never paid an ATM fee in Cambodia, I was always able to find a bank that worked with no fees. They change all the time though.

    Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

    Images: VOLKAN SORKUN, David McBee, John Guccione www.advergroup.com, David McBee