Real Time Fund Transfer Service (RFT) is an initiation by the National Bank of Cambodia (NBC). The initiative is introduced with an aim to assist Customers to perform transaction between RFT system members. To use this service, the sender is required to have account, and the receiver could receive money either via account or phone number.
Benefits:
Benefits of the service include:
- Free of charge for any kind of transaction,
- Able to transfer or withdraw money within LOLC or among RFT system members,
- No daily limitation on number of transactions performed at any LOLC’s counter or via iPay Cambodia or via Internet Banking.
- Convenient, fast and secured.
Product Features:
No | Feature | Description |
---|---|---|
1 | Currency | KHR, USD |
2 | Transaction Channel | LOLC’s counter iPay Cambodia Internet Banking |
3 | Method | Account to Account (Account Based) Account to Phone (Phone Based) |
4 | Maximum Transfer Amount | LOLC’s counter Account to Account - Per transaction: KHR 200,000,000 or USD 50,000 - Per day: unlimited Account to Phone Number - Per transaction: Less than KHR 4,000,000 or Less than before USD 1,000 - Per day: unlimited iPay Cambodia/Internet Banking Account to Account - Per transaction: KHR 40,000,000 and USD 10,000 - Per day: KHR 80,000,000 and USD 20,000 Account to Phone Number - Per transaction: KHR 3,996,000 and USD 999 - Per day: KHR 80,000,000 and USD 20,000 |
Transfer Fee:
The service is free of charge.
Requirement:
Account to Account Transfer
- The sender is required to have account with LOLC and have sufficient balance.
- The receiver is required to have account with RFT members.
Account to Phone Number
- The sender is required to have account with LOLC and have sufficient balance.
- The receiver is required to have phone number and legal document issued by authority.
Withdrawal
- To withdraw money at LOLC’s counter, the receiver is required to have account with LOLC (for Account to Account) or phone number and legal document issued by authority (for Account to Phone Number).
How to apply:
- At any LOLC office
- Via iPay Cambodia
- Internet Banking
Members of Real-Time Fund Transfer (as of October 2023):
No | Bank/MDI |
---|---|
1 | ACLEDA BANK PLC. |
2 | CAMBODIA POST BANK PLC. |
3 | CANADIA BANK PLC. |
4 | KOOKMIN BANK CAMBODIA PLC. |
5 | LOLC (CAMBODIA) PLC. |
6 | PHNOM PENH COMMERCIAL BANK. |
7 | PRASAC MICROFINANCE LIMITED. |
8 | PRINCE BANK PLC. |
9 | SHINHAN BANK (CAMBODIA) PLC. |
10 | VATTANAC BANK |
11 | CAMBODIAN PUBLIC BANK PLC. |
12 | SATHAPANA BANK PLC. |
13 | FOREIGN TRADE BANK OF CAMBODIA. |
14 | WOORI BANK. |
15 | DGB BANK PLC. |
16 | INDUSTRIAL BANK OF KOREA PHNOM PENH. |