Phnom Penh, September 4th, 2024 –In a significant step towards enhancing the ease of travel to Cambodia, and in alignment with the visionary leadership and national development strategy endorsed by Samdech Moha Borvor Thipadei HUN MANET, Prime Minister of the Kingdom of Cambodia, Canadia Bank, one of the country’s leading financial institutions with over 33 years of experience in Cambodia’s financial market, has signed a Memorandum of Understanding (MoU) with the Ministry of Interior. This agreement supports visa fee collection from foreign travelers through the Bank's latest e-payment services.
The signing ceremony was presided over by H.E. Kirth Chantharith, Secretary of State of Ministry of Interior, representing H.E. Abhisantibindit Sar Sokha, Deputy Prime Minister and Minister of Interior and Okhna Vann Charles, EVP and Executive Board of Director of Canadia Bank, with the participation from the key management and distinguished officials from both entities. This partnership marks a milestone in Cambodia’s journey towards a seamless digital economy and aligns with Canadia Bank’s ongoing digital transformation efforts. It enables swift and secure e-payment solutions for Cambodia e-Arrival system, simplifying the visa application process for international travelers. It also covers the over-the-counter visa fee payments upon arrival at Cambodia’s international airports in Phnom Penh, Siem Reap, and Sihanoukville.
Distinguished Officials from the Ministry of Interior, led by H.E. Kirth Chantharith, and Canadia Bank Management, headed by Okhna Vann Charles
The Cambodia e-Arrival system, established by the General Department of Immigration in collaboration with key governmental bodies, represents a leap forward in how Cambodia welcomes its visitors, eliminating the complexity of the traditional paperwork process. The foreign travelers can now complete their visa applications online by providing the required personal documents and details via www.arrival.gov.kh or the Cambodia e-Arrival app, available on both the App Store and Google Play.
With the integration of Canadia Bank’s cutting-edge e-payment services, visitors can make hassle-free visa fee payments on Cambodia’s e-arrival’s mobile app or website by selecting Canadia Bank as their preferred payment provider. A wide range of payment options is available, including Visa, Mastercard, UnionPay, JCB, Alipay, and WeChat Pay. In addition to the online payment platform, travelers who apply for a visa directly over-the-counter at Cambodia’s international airports can also make payments using Canadia Bank’s Point-of-Sale (POS) terminals, which offer a smooth and secure transaction experience with contactless payment options.
“Canadia Bank is excited to be part of this transformative initiative that enhances the digital infrastructure of Cambodia,” said Okhna Vann Charles, EVP and Executive Board Director of Canadia Bank. “Our collaboration with the Ministry of Interior on the Cambodia e-Arrival service reflects our unwavering commitment to providing secure and convenient financial solutions that enhance the travel experience for international visitors. This partnership is in full alignment with the government’s Pentagonal Strategy Phase 1, strengthening Cambodia’s position as a regional leading destination for tourists and investors.”
Through this partnership, Cambodia is taking bold strides towards improving its digital infrastructure and simplifying entry for foreign visitors. Canadia Bank remains committed to supporting the nation’s growth by continuously investing in advanced banking technologies that facilitate seamless and secure financial transactions for all customers.
About Canadia Bank
Canadia Bank is a leading local and full-service commercial bank in Cambodia since 1991 and holds commanding market shares in loans and deposits. In 2024, on top of the recent regional winning “Cambodia Technology Excellence Award in Digital Banking” by Asian Business Review, Canadia Bank was also awarded for the 4th time as “Best Retail Bank” by The Asian Banker and twice recognized as Best Bank for Corporates in Cambodia by Euromoney and “The Best SME Bank” by the Digital Banker. Additionally, the Bank has recently been recognized with double awards by International Finance Awards as “Best Commercial Bank” for the 6th time and “Best Trade Finance Bank” for the first time for 2024.
Currently, Canadia Bank has 68 branches and about 450 self-service digital devices across Cambodia, such as ATMs, Cash Recycling Machines, Virtual Teller Machines, and Smart Card-Issuing Machines.
