Maybank establishes partnership with National Bank of Cambodia to facilitate cross-border payments and remittances

On October 16, Maybank, Malaysia's largest bank, will sign a memorandum of understanding with the National Bank of Cambodia to facilitate cross-border payments and remittances. The two agencies will work together to explore the possibility of real-time transfers, payments and cross-border remittances between the two countries through the Bakong payment system of the National Bank of Cambodia and the Maybank2u digital platform of the Malayan Bank.