Bakong

Bakong system or Bakong refers to a real-time electronic payment system which enable customer to perform transactions among bakong members such as transfer fund between Bakong accounts, transfer fund from Bakong account to bank account or E-Wallet, make payment via QR Code, and receive money from other Bakong accounts. Product Features: Feature: Currency: KHR and USD Maximum Amount Limitation Per Transaction and Per Day: Basic Customer: 2,000,000 KHR and 500 USD, Partial KYC: 12,000,000 KHR and 3,000 USD, Full KYC: 40,000,000 KHR and 10,000 USD Remarks: There is no limitation on number of transactions per day. Initial Deposit and Minimum Balance: Not required, Interest Rate: There is no interest rate for Bakong account (0%). Transaction Types/Functions: Transfer fund between Bakong account (Send), Transfer fund from Bakong account to bank account or E-wallet (Deposit), Make payment via QR Code (QR Pay), Receive money transfer from Bakong account (Receive), And other transactions. Fee Charge: The service is free of charge for any transactions. Bakong Top Up, Bakong Members (As of May 2022)

Home Products & Services Fund Transfer Bakong

Bakong

Bakong system or Bakong refers to a real-time electronic payment system which enable customer to perform transactions among bakong members such as transfer fund between Bakong accounts, transfer fund from Bakong account to bank account or E-Wallet, make payment via QR Code, and receive money from other Bakong accounts. 

Benefits:

  • Perform transaction through smart phone (iOS or Android)
  • Access any time (24/7) and anywhere 
  • Convenient, fast and secured
  • Easy to pay for goods and services 
  • Transfer fund between Bakong account or transfer fund from Bakong account to bank account or E-Wallet account.
Features Eligibility How to apply

Product Features:

No Feature    Description 
1  Currency 
 KHR and USD 
2 Maximum Amount Limitation Per Transaction and Per Day
  Basic Customer:
     2,000,000 KHR and 500 USD
  Partial KYC: 
    12,000,000 KHR and 3,000 USD
 Full KYC: 
    40,000,000 KHR and 10,000 USD
Remarks: There is no limitation on number of transactions per day. 
3 Initial Deposit and Minimum Balance
  Not required 
 4 Interest Rate 
 There is no interest rate for Bakong account (0%)
5 Transaction Types/Functions
  • Transfer fund between Bakong account (Send)  
  • Transfer fund from Bakong account to bank account or E-wallet (Deposit)
  • Make payment via QR Code (QR Pay) 
  • Receive money transfer from Bakong account (Receive)
  •  And other transactions.

Fee Charge:

The service is free of charge for any transactions.


Bakong Top Up:

  • Customers are able to top up into Bakong account through iPay Cambodia or Internet Banking or visit any LOLC branch.
  • Bakong top up is free of charge.
  • Other conditions may apply.


Bakong Members (As of January 2023):


No Bank/MDI
 1 ACLEDA BANK PLC.
2 ADVANCED BANK OF ASIA LIMITED. 
3 AMK MICROFINANCE INSTITUTION PLC.  
4 BANK FOR INVESTMENT AND DEVELOPMENT OF CAMBODIA PLC. 
5 CAMBODIA POST BANK PLC. 
6 CANADIA BANK PLC.   
7 CHIP MONG COMMERCIAL BANK PLC.  
8 CHIEF (CAMBODIA) COMMERCIAL BANK PLC.   
9 FOREIGN TRADE BANK OF CAMBODIA.   
10 LOLC (CAMBODIA) PLC.   
11 PHILLIP BANK PLC.   
12 PHNOM PENH COMMERCIAL BANK.   
13 PRASAC MICROFINANCE LIMITED.
14 PRINCE BANK PLC. 
15 SATHAPANA BANK PLC.
16 SPEEDPAY PLC.
17 TRUE MONEY CAMBODIA PLC.
18 VATTANAC BANK
19 WOORI BANK
20 WING (CAMBODIA) LIMITED SPECIALIZE BANK
21 HATTHA BANK
22 E-MONEY PAYMENT SOLUTIONS PUBLIC LIMITED COMPANY.
 23 CAMBODIAN PUBLIC BANK PLC.
 24 MAYBANK (CAMBODIA) PLC.
 25 LY HOUR PAY PRO PLC.
 26 KOOKMIN BANK CAMBODIA PLC.
 27 IPAY88 (CAMBODIA) PLC.
 28 SHINHAN BANK (CAMBODIA) PLC.
 29 AMRET MICROFINANCE INSTITUTION.
 30 TIAN XU INTERNATIONAL TECHNOLOGY PLC. (Cool Cash Plc).
 31 CAMBODIA ASIA BANK.
 32 ASIA CASH EXPRESS PLC. (Asia Wei Luy)
 33 B.I.C (CAMBODIA) BANK PLC.
 34 SBI LYHOUR BANK.
 35 ASIA-PACIFIC DEVELOPMENT BANK (APD Bank)
 36 MOHANOKOR MICROFINANCE INSTITUTION PLC.
 37 HONG LEONG BANK (CAMBODIA) PLC.
 38 ORIENTAL BANK
 39 RHB BANK (CAMBODIA) PLC.
 40 Pi Pay
 41 Bank of China Limited Phnom Penh Branch
 42 BRED Bank Cambodia
 43 U-Pay Digital Plc.
 44 BONGLOY PAYMENTS PLC.
 45 AGRICULTURAL AND RURAL DEVELOPMENT BANK
 46 Cathay United Bank
 47 CIMB Bank
 48 ICBC Bank
49   SACOMBANK (CAMBODIA) PLC
 50  LANTON PAY
 51  HENG FENG (CAMBODIA) BANK Plc.
52  First Commercial Bank, Ltd
 53  J Trust Royal Bank
 54  Panda Commercial Bank Plc.
 55  MB BANK (CAMBODIA) PLC.
 56  Union Commercial Bank Plc.
 57  DGB Bank
 58  Bridge Bank


Requirement:

  • Customer is require to register under LOLC (Cambodia)
  • Have smart phone (iOS or Android)
  • Have phone number
  • Customer is able to register Bakong App by him/herself without completing the request form

How to Register:

  • Have smart phone (iOS or Android) connected to internet
  • Customer is required to download Bakong App from App Store  or Play Store 
  • After install, customer has to register in Bakong App by following each steps

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