The interbank is generally "between banks", not inside one bank. IE the "CHIPS" financial system in the US.ផោមក្លិនស្អុយ wrote: ↑Wed Dec 29, 2021 7:03 pmHaving accounts in the same bank is convenient as transfers are instant (but even domestic interbank is normally complete within a few hours).v12 wrote: ↑Wed Dec 29, 2021 6:37 pmThe problem with Cambodia is, that they don't really comply with international tax rules and the like. The consequence is, that banks are more and more getting hesitating to transfer into Cambodia.
What you may want to do is open a Cambodian bank account yourself, put the money there and feed the family with smaller amounts from that account. Take care to have your account at the same bank as the family, since interbank transfers tend to cost USD 5 on the sending and
-3 on the receiving side.
Also gives you the option to transfer in smaller quantities, so you may get fewer requests before the end of the month to pledge early.
But... Interbank transfers are either free or have a minimal charge. It's not nearly as much as the $5 + $2-3 you mention. I think from ABA it is only 50 cents to send and Sathapana bank is free (to ABA anyway). Acleida is a small % with minimum of $1.
From Canadia to ABA/Acleda does cost on my side USD 5.00 and on the receiving end USD 2-3.