Money withdrawals from automated teller machines (ATMs) in Cambodia sometimes dispense US {dollars}, the predominant foreign money for many transactions. Whereas Cambodian riel is the official foreign money, ATMs typically present USD in various denominations, typically prioritizing $100 and $50 payments. The utmost withdrawal quantity per transaction varies relying on the precise ATM and the person’s financial institution card limits. It is not uncommon to come across limits starting from $200 to $500 per transaction, although some ATMs might supply larger limits. One must be conscious that transaction charges, charged by each the native ATM and the cardholder’s financial institution, are widespread.
Entry to available US {dollars} by a widespread ATM community simplifies monetary transactions for residents and guests. This accessibility facilitates day by day bills, bigger purchases, and emergency fund entry. The prevalence of USD alongside the native foreign money has a fancy historic context tied to durations of financial instability and the following dollarization of the Cambodian economic system. This dual-currency system has made ATM entry essential for handy money stream administration.
