As part of the Maybank Group – Malaysia’s largest bank and the fourth largest financial institution in Southeast Asia with total assets exceeding RM722 billion – Maybank Cambodia brings international banking standards, a deep regional network, and a strong commitment to the Kingdom’s digital and economic transformation.
This comprehensive review covers everything you need to know about Maybank Cambodia in 2026: its history, branch network, products, interest rates, digital features, fees, and why it might be the right choice for expats, investors, and local businesses.
⚡ Quick Overview
📜 History & Background
Maybank first established a presence in Cambodia in 1993, opening a representative office. In 2009, the bank opened its fourth branch in Siem Reap, offering full banking facilities including deposits, mortgage financing, trade financing, remittance services and foreign exchange. Operations were later upgraded to a locally incorporated subsidiary in 2012.
The bank has since grown to 21 branches nationwide: 13 locations in Phnom Penh (including Norodom, Toul Kork, Olympic, Phnom Penh SEZ, Chroy Changvar, and Boeng Keng Kang) and 8 provincial branches in Siem Reap, Sihanoukville, Battambang, Kampong Cham, Serey Sophorn, Ta Khmao, Takeo and Krong Suong. Currently, Maybank Cambodia employs over 1,600 staff and serves a growing customer base of corporate, SME, and retail clients.
For much of its history, Maybank Cambodia was the preferred financier of Malaysian and Singaporean‑owned corporations investing in the Kingdom. In recent years, it has successfully expanded its customer base to include local businesses, mass retail, and the SME sector. As of the end of 2022, the bank ranked 11th in Cambodia by total assets, 10th in loan provision, and 8th in deposits among all commercial banks.
🏛️ Products & Services
💳 Deposit Accounts
Savings Account Interest Rates (2026):
- USD Savings: 0.50% p.a. (calculated daily, credited half‑yearly on 30 June and 31 December)
- KHR Savings: 2.00% p.a. (calculated daily, credited half‑yearly)
Additionally, Maybank’s iSave account offers promotional interest rates of up to 3.5% p.a. for KHR and 3.0% p.a. for USD.
Fixed Deposit Tenors:
- i-Placement: 1 month (offer interest rate: 1.00% p.a. for deposits over $10,000)
- 3, 6, 9, 12, 18, 24, 36 months available (rates vary; contact branch)
💡 Tip: The minimum deposit for an e‑Fixed Deposit is USD 100. Interest is paid at maturity for most tenors.
💳 Debit Cards & Regional Benefits
Key debit card benefits:
- Fee‑free cash withdrawals at any Maybank ATM in Cambodia, Malaysia, Singapore, Philippines, Brunei, and London
- Daily withdrawal limit: up to USD 5,000
- Contactless payments and smart chip security
ATM fees:
- Withdrawal at other domestic banks’ ATMs: $0.90 per withdrawal (free for Premier Wealth Cardholders)
- Withdrawal at international banks’ ATMs via PLUS network: $4.00 per withdrawal (flat fee for both cards)
💰 Loans & Financing
💸 Cross‑Border & Regional Connectivity
Maybank’s biggest advantage is its deep integration across ASEAN:
- Regional ATM network: Fee‑free cash withdrawals at any Maybank ATM in Cambodia, Malaysia, Singapore, Philippines, Indonesia, Brunei, Laos and London – a huge benefit for frequent travellers.
- Cross‑border QR payments: Cambodia’s Bakong system and Maybank’s M2U KH app are compatible with payments at over 2 million DuitNow QR merchant locations in Malaysia.
- MAE app: Maybank’s regional digital wallet allows users to send money to any Bakong wallet account in Cambodia with no agent bank fees and instant settlement.
- RegionLink: Cardholders can enjoy fee‑free and discounted transactions across participating Maybank branches in Malaysia, Singapore, Indonesia, and the Philippines.
📱 Digital Banking – Maybank2u KH & MAE
Maybank has been recognised with the Best International Bank in Cambodia award from Euromoney and multiple accolades from the Asian Banking & Finance Retail Banking Awards for its digital capabilities.
Maybank2u KH (Mobile App) features:
- Open accounts online – Current/Savings account opening application can be submitted via internet banking; staff will contact you to complete the process – no queuing required.
- e‑Fixed Deposit – Place, view or uplift FDs entirely online; certificates created immediately.
- Fund transfers – Inter‑bank fund transfers (up to USD 5,000 per day) to accounts in other Cambodian banks.
- Bakong integration – Transfer and receive funds across all participating Bakong banks in Cambodia.
- Cardless withdrawal – Send money to any Cambodian mobile number; recipient receives a secure code to withdraw cash without a physical card at any Maybank ATM in Cambodia.
- Foreign exchange rate display – View daily forex rates directly in the app.
- Recurring bill payments – Set up automatic monthly payments with stop dates.
- Chinese language support now available in the app, making it more accessible for Chinese‑speaking customers.
- Manchester United Visa Debit Card – A stylish fan‑inspired card with exclusive lifestyle privileges and a digital rewards feature called “Tap, Track, Win” on the M2U KH app.
📊 Maybank Cambodia vs. Other Banks
| Feature | Maybank | ABA | ACLEDA | Phillip Bank |
|---|---|---|---|---|
| Parent / Origin | Malaysia (Maybank Group) | National Bank of Canada | Local (CSX‑listed) | Singapore (PhillipCapital) |
| Branches | 21 nationwide | 106 | 263+ | 71 |
| Regional ATM network | ✅ Fee‑free in 8 countries | ❌ | ❌ | ❌ |
| Cross‑border QR | ✅ Bakong ↔ DuitNow (Malaysia) | ❌ | ✅ (Mastercard Move) | ✅ (RoamQR with SG) |
| Savings rate (USD) | 0.50% | 0.50% (tiered up to 1.00%) | 0.20% – 1.00% | Contact bank |
| Savings rate (KHR) | 2.00% | ~1.25% (tiered) | Tiered | ~3.00% |
| Best for | Regional travellers & ASEAN expats | Digital‑first expats | Rural coverage | Singaporean governance |
📰 Recent News & Developments (2025–2026)
🎉 Flagship Branch Launched (September 2025)
Maybank unveiled its first flagship branch in Cambodia, introducing a values‑based banking approach and marking key customer milestones.
🤝 Strategic Partnership with Microsoft (September 2025)
Maybank partnered with Microsoft to accelerate digital transformation and AI‑driven innovation across its Cambodian operations.
💼 SME Partnership with Khmer Enterprise (January 2026)
Maybank Cambodia and Khmer Enterprise signed a Strategic Partnership Agreement to strengthen support for small and medium enterprises (SMEs) across the Kingdom.
💰 US$50 Million Financing to Smart Axiata (April 2026)
Maybank Cambodia extended a US$50 million financing facility to Smart Axiata to accelerate Cambodia’s digital and telecommunications infrastructure, including nationwide 5G connectivity. This is Maybank’s first “new economy‑aligned” financing in Cambodia, supporting the Kingdom’s Digital Economy and Society Policy Framework 2021–2035.
🇲🇾 Cross‑Border Healthcare Collaboration (February 2026)
Maybank Cambodia partnered with the Malaysia Healthcare Travel Council to advance cross‑border healthcare access and lifestyle experiences for Cambodian patients travelling to Malaysia.
🚀 R.I.S.E. Programme Expansion (April 2026)
Maybank launched the third year of its R.I.S.E. Programme in Cambodia, targeting to uplift 1,400 persons with disabilities and marginalised communities through financial inclusion and economic empowerment.
🔗 Partnership with DKSH Cambodia (May 2025)
Maybank and DKSH Cambodia signed an MoU to launch a Customer Financing Program, enhancing financial access for DKSH’s customer network through structured supply chain financing solutions.
🏆 Euromoney Award
Euromoney named Maybank Cambodia the Best International Bank in Cambodia – a testament to its regional connectivity, digital innovation, and commitment to the local market.
📚 Financial Literacy Programme
Maybank expanded its Cashville Kidz financial literacy programme in partnership with the SOSORO Museum to enhance financial literacy among Cambodian youth.
🆚 Pros & Cons
| Pros | Cons |
|---|---|
| ✅ Strong regional network – Fee‑free ATM access across 8 countries | ❌ Branch network (21) is smaller than ABA (106) or ACLEDA (263+) |
| ✅ Cross‑border QR payments (Bakong ↔ Malaysia DuitNow) | ❌ Savings interest rate (USD 0.50%) is lower than some competitors |
| ✅ Preferred bank for Malaysian & Singaporean corporations | ❌ Limited rural presence – most branches are in Phnom Penh and major provincial capitals |
| ✅ Best International Bank in Cambodia (Euromoney) | ❌ Premium Wealth service requires substantial deposits – not accessible to all customers |
| ✅ Strong digital banking – e‑Fixed Deposit, cardless withdrawal, Bakong integration, Chinese language support | ❌ International ATM fees ($4 per withdrawal outside Maybank network) can add up for frequent travellers |
| ✅ SME‑friendly with dedicated partnership programmes | |
| ✅ Supports sustainable & green financing (EV loans, green bonds) |
🔧 Related Tools & Resources
- Directory of Financial Institutions in Cambodia – Complete list of NBC‑licensed banks
- Best Bank in Cambodia 2026 – Compare Maybank with ABA, ACLEDA, Canadia, Wing, and FTB
- Invest & Travel Smart Toolkit – Financial calculators and planning tools
❓ Frequently Asked Questions
Is Maybank Cambodia safe?
Yes. Maybank Cambodia is a fully licensed commercial bank supervised by the National Bank of Cambodia (NBC). It is part of the Maybank Group, Malaysia’s largest bank, which has total assets exceeding RM722 billion and a track record spanning over 60 years. Maybank Cambodia is also a recipient of the Euromoney Best International Bank in Cambodia award.
Can a foreigner open a Maybank Cambodia account?
Yes. Foreigners with a valid passport and long‑stay visa (E‑class) can open a savings or current account. The minimum initial deposit is $0, with an ongoing balance requirement of just USD 5.
What is the minimum deposit for a savings account?
Zero initial deposit for USD savings accounts. You only need to maintain a $5 ongoing balance.
How do I open a Maybank account online?
You can submit a Current/Savings Account opening application via Maybank2u internet banking. A staff member will contact you and invite you to a branch to complete the process – no queuing required.
Does Maybank Cambodia have a mobile app?
Yes. The Maybank2u KH app (also known as M2U KH) is available on iOS and Android. It supports e‑Fixed Deposit, Bakong transfers, cardless withdrawals, inter‑bank fund transfers, recurring bill payments, and foreign exchange rate displays. The app now also includes Chinese language support.
Can I use my Maybank debit card overseas?
Yes. Your Maybank Visa Debit card works at any Visa‑accepting outlet worldwide. You can also withdraw cash fee‑free at any Maybank ATM in Cambodia, Malaysia, Singapore, Philippines, Indonesia, Brunei, Laos and London. Withdrawals from other international banks’ ATMs via the PLUS network incur a $4 fee per withdrawal.
What is Maybank’s SWIFT code?
The SWIFT code for Maybank Cambodia is MBBEKHPPXXX. Use this for incoming international wire transfers.
How do I contact Maybank Cambodia?
- Head Office: Maybank Tower, No. 43, Preah Norodom Blvd, Sangkat Phsar Thmey 3, Khan Daun Penh, Phnom Penh
- Call Center: +855 23 210 123 / 255
- Website: www.maybank2u.com.kh
📢 Disclaimer
Bank policies, fees, interest rates, and product offerings may change without notice. This review is based on information available in April 2026. Always verify with Maybank Cambodia’s official website or a branch before making financial decisions. This article does not constitute financial advice.
🎯 Final Thoughts
Maybank Cambodia occupies a unique position in the Kingdom’s banking landscape. As a subsidiary of one of Southeast Asia’s largest financial institutions, it brings a level of regional integration that few local banks can match.
For expats and frequent travellers, the ability to withdraw cash fee‑free from Maybank ATMs across eight countries is a standout benefit. For business owners, especially those with cross‑border operations to Malaysia or Singapore, Maybank’s regional network and trade finance expertise are invaluable. Its growing suite of digital features – from e‑Fixed Deposit to Bakong cross‑border QR payments – makes it a strong contender for tech‑savvy customers.
While its branch network is smaller than ABA or ACLEDA, its 21 well‑located branches cover all major cities, and its commitment to digital banking means many transactions can be completed online. For customers who value regional connectivity, international standards, and a bank that understands the ASEAN market, Maybank Cambodia is an excellent choice.