CPBank and AMK Allow Customers to Withdraw Cash from each other’s ATMs without any Fee Charge

Phnom Penh – Cambodia Post Bank (CPBank) and AMK Microfinance collaborate to allow customers from both institutions to use their ATM card and Visa debit cards to withdraw cash through ATMs of both institutions in 25 provinces free of charge.

The MOU signing ceremony between the two institutions took place on January 20, 2022 at the Dara Airport Hotel, attended by the managements of both institutions.

Currently CPBank has 89 ATM locations nationwide, while AMK MFI has 70 ATM locations nationwide. Therefore, all customers of CPBank and AMK Microfinance can withdraw money from 159 ATMs nationwide free of charge.

Toch Chaochek, CEO of CPBank, said “CPBank is very pleased to partner with AMK MFI. This partnership is our strategy with the common goal of strengthening and expanding our ATM networks to make it faster, easier and closer to customers.”

Kea Borann, CEO of AMK MFI, said “The main purpose of this cooperation is to focus on customers by allowing them to make transaction through ATMs machines of both institutions easily, efficiently and fast. We will continue to strengthen our financial management potential and meet the needs of our customers by partnering with quality and reputable institutions like Cambodia Post Bank.”