PPCBank partners with Wing for money transfer

PPCBank has teamed up with Wing Specialized Bank to provide new options for money transfers, within Cambodia and from South Korea to Cambodia. The partnership allows PPCBank’s customers to transfer money from South Korea or Phnom Penh to any Wing account or location via PPCBank’s mobile banking app, its smartBiz software, or in person at any PPCBank branch, providing greater convenience for Cambodians working in South Korea to send their money home. According to Long Dimanche, Cambodian ambassador in South Korea, Cambodian community totaled more than 60,000 people, who send about $300mn annually via the banking system to their families. (Source: Khmer Times)