SBI Remit is an International Transfer service financial services and offers money transfer solutions by using Ripple system which is real-time gross settlement system, currency exchange and Transfer network. It’s built upon a distributed open-source protocol and taking advantage of Block-chain technology to enable "secure, instantly and nearly free global financial transactions”.
The company was established since 2010, H.Q in Tokyo, Japan with Shareholders: SBI Holding Group & Ripple Labs Inc located in Japan.
With SBI Remit you can experience secure, easy and quick remit at relatively low fees. Your funds will be transferred directly to the beneficiary’s bank account with real time when the account number and name are matched.
Payment now is available for Inward Transfer from Japan to Cambodia
The beneficiary can be SBI Bank (Cambodia)’s customer or
The beneficiary is at another local bank’s customer.
Remark:
Currency Type | Amount | Commission |
|---|---|---|
USD | <= $10,000.00 for Individual (Per transaction per day) <= $ 50,000.00 for Corporate (Per transaction per day) | Free |
Notice: The Terms and conditions, Pricing above are subject to change based on bank’s discretion.
Normally, the process is through API System and real time transaction. It will auto credit when the account and name are matched.
The applicant can process through SBI Remit App at Japan and complete Visit the nearest SBI Bank (Cambodia) PLC.’s branches, and complete the necessary information in the SBI Remit App.
SBI Bank (Cambodia) Plc. has connections with SBI Remit that offer a quick transfer of money from Japan for an individual/corporation via API System between Ripple & Core Banking System.
You may need to provide Mandatory Information to the remitter/ sender to receive a money transfer from overseas as follows:
Terms and conditions are subject to change at the discretion of the Bank without prior notice to the Customer.