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Finance & Banking

ACLEDA and Western Union Unite to Offer International Transfers

ACLEDA Bank and Western Union have inked a new deal that makes it easy for customers to send and receive money to 200 countries across the globe with the push of a few buttons.
ACLEDA Bank Plc. launches Western Union Money Transfers on ACLEDA Mobile. Promotional artwork supplied
ACLEDA Bank Plc. launches Western Union Money Transfers on ACLEDA Mobile. Promotional artwork supplied

Customers of leading Cambodian financial institute ACLEDA Bank can now easily send and receive money worldwide, thanks to a partnership with Western Union.

Customers using ACLEDA mobile can now transfer money for cash pickup to more than 200 countries at their convenience.

Using ACLEDA’s mobile app, customers can also receive money into their bank account or wallet by inputting the Money Transfer Control Number (MTCN) into the app. Alternately, customers can receive money transfers at the nearest ACLEDA bank.

Dr. In Channy, President & Group Managing Director of ACLEDA Bank, said, “The cooperation between ACLEDA Bank and Western Union offers a fast, convenient, and reliable way of overseas fund transfers via ACLEDA Mobile, anywhere and anytime."

“With this launch, we enable customers to transfer money for cash pickup at retail locations worldwide. When using our digital services, customers also have multiple options to fund their transactions, including an ACLEDA Bank account or wallet.”

ACLEDA Bank Plc. launches Western Union Money Transfers on ACLEDA Mobile. Promotional artwork supplied.
ACLEDA Bank Plc. launches Western Union Money Transfers on ACLEDA Mobile. Promotional artwork supplied.

He added that the cooperation is vital as it “seeks to connect people to opportunity by providing access to solutions that empower people to move money the way they prefer.”

Jeffrey Navarro, Head of Philippines, Malaysia, Brunei and Indochina at Western Union said, “We are pleased to offer our services on the ACLEDA Mobile, offering digital solutions that empower people and communities.

“Western Union’s global network extends across more than 200 countries and territories, and through this collaboration we continue to deepen our digital capabilities to reach more customers and enable them to connect to the digital economy.”

About ACLEDA Bank Plc.

ACLEDA Bank Plc. has four subsidiaries: ACLEDA Institute of Business, ACLEDA Securities Plc., ACLEDA Bank Lao Ltd., and ACLEDA MFI Myanmar Co., Ltd. as well as representative offices in Myanmar. By March 2022, ACLEDA Bank Plc. had $8.16 billion in total assets, $5.79 billion in total credit portfolios and $5.9 billion in total deposits, serving more than 3.44 million customers.