Wing Bank has one of the most unique origin stories in Cambodia‘s banking sector. Founded in 2009 as a specialised bank focused on mobile money transfers, it began with a simple promise: helping Cambodians send money home safely. Over the past 17 years, Wing has evolved from a money transfer service into a full‑fledged digital bank with nearly 30 branches, over 12,000 agents, and a mobile app serving more than 100 customer needs.
This comprehensive review covers everything you need to know about Wing Bank in 2026 – from its history and key products to fees, interest rates, the Wing Money app, recent developments, and why it remains a top choice for Cambodians and expats alike.
⚡ Quick Overview
| Item | Details |
|---|---|
| Full name | Wing Bank (Cambodia) Plc |
| Founded | 2009 (as Wing Specialised Bank) |
| Parent company | Royal Group of Companies |
| CEO | Dr. Dmytro Kolechko |
| Chairman | Neak Oknha Kith Meng |
| Branches | Nearly 30 branches nationwide |
| Agents | Over 12,000 Wing Bank Agents + 200 Master Agents |
| Merchants | 165,000 merchant partners |
| App users | Over 950,000 (as of 2025) |
| Mobile app solutions | Over 100 financial services |
| Deposits | Over USD 3 billion |
| Total assets | Nearly USD 4 billion |
| Capital injection (2025) | USD 88 million approved by NBC |
| Revenue growth (2024 vs 2023) | 73% increase |
| Customer deposits growth (2024 vs 2023) | 62% surge |
| Best for | Digital‑first banking, extensive agent network, high promotional interest rates |
📜 From Money Transfers to a Full‑Service Digital Bank
Wing’s journey is a remarkable Cambodian success story. Founded in 2009 as Wing Specialised Bank, it pioneered mobile money transfers in the Kingdom at a time when most Cambodians had no access to formal banking. Its network of Wing Cash Xpress agents brought financial services to every district, making it possible for workers in Phnom Penh to send money safely to their families in rural provinces.
In 2024, Wing was officially granted a full commercial banking licence by the National Bank of Cambodia, transforming from a specialised bank into Wing Bank (Cambodia) Plc. This regulatory upgrade allowed Wing to offer a much wider range of services, including business loans, credit cards, and deposit accounts.
The bank’s growth trajectory has been extraordinary. In 2024 alone, Wing reported a 73% increase in revenue and a 62% surge in customer deposits, while total assets climbed 52%. The National Bank of Cambodia approved an USD 88 million capital injection (US$60 million in main capital and US$28 million in secondary capital) to further strengthen its financial stability and lending capacity.
Today, Wing Bank is part of the Royal Group of Companies, alongside Cellcard and J Trust Royal Bank, and is chaired by Neak Oknha Kith Meng, one of Cambodia’s most prominent business leaders.
🏛️ Products & Services
💳 Accounts
Wing Bank offers a range of personal and business accounts, all tightly integrated with the Wing Money app.
| Account Type | Key Features | Minimum Deposit |
|---|---|---|
| Current Account | No minimum deposit; unlimited deposits/withdrawals; free monthly fee; cheque book available (US$5/book) | None |
| Savings Account | Earns promotional interest; available for individuals and merchants | US$200 (to qualify for 3% p.a.) |
| Save for a Goal Account | Helps customers save toward specific financial targets; attractive interest rates | US$20 minimum monthly installment |
| Term Deposit Account | Fixed‑term savings; competitive interest rates (up to 9% p.a. historically) | Varies |
The Current Account has no minimum deposit and no minimum ongoing balance. Monthly fees are free, and digital account statements are provided at no charge. Daily transfer limits are up to US$150,000 .
💳 Cards
Wing Bank offers a selection of cards catering to different customer segments.
| Card | Features | Annual Fee |
|---|---|---|
| UnionPay Numberless Platinum Card | Numberless design for security; free withdrawals at Wing ATMs; contactless payment; daily limits up to US$50,000 | US$50 (waived until 31‑Dec‑2026) |
| Mastercard One Card | Cambodia’s first card combining debit and credit functions in a single product | First‑year waiver at new branches |
| Visa Debit / Visa Credit | Standard debit and credit cards with first‑year fee waivers available | First‑year waiver at new branches |
| Wing Online Mastercard | Virtual card for secure online shopping; accepted worldwide | Free |
The UnionPay Numberless Platinum Card is notable for its security features. The card number is not printed on the card itself, reducing the risk of theft. It offers free cash withdrawals at any Wing Bank ATM nationwide, with daily ATM withdrawal limits up to US$50,000 . Foreign residents are eligible with a valid passport, long‑stay visa (minimum 182 days), and proof of employment or business registration .
💰 Loans
Wing Bank has significantly expanded its lending products since becoming a commercial bank.
| Loan Type | Key Features |
|---|---|
| Business Loans | Starting at 7.5% per annum; available at branch locations |
| SME Loans | Supporting small and medium enterprises |
| Digital Loan | Up to US$50,000 available through the Wing Bank App in as little as three minutes – no collateral or guarantors required. |
| Vehicle Financing | 100% financing for vehicle purchases (e.g., JETOUR Cambodia partnership) |
The Digital Loan was introduced in 2024 and has been a key driver of retail loan growth, which rose 26% that year. Eligible users can access credit directly from the app, making it one of the fastest ways to obtain a loan in Cambodia.
💸 Money Transfers
Wing’s original business remains a core strength. The Wing2World service enables international money transfers to 195 countries and territories . The bank has partnered with global giants including:
- Western Union
- MoneyGram
- Mastercard Move (instant cross‑border transfers)
- Visa
- AliPay
- WeChat Pay
For Cambodians traveling abroad, the Wing mobile app offers free fund transfers to several Asian countries, including South Korea, Japan, and Thailand .
🏦 Agent & Branch Network
Wing’s extensive physical presence is one of its key advantages:
- Nearly 30 branches nationwide
- Over 12,000 Wing Bank Agents (cash in/out points)
- Almost 200 Wing Master Agents
- 165,000 merchant partners accepting KHQR payments
This network ensures 100% district coverage in Cambodia, making Wing accessible even in remote rural areas where traditional banks have no presence.
🏛️ Exclusive Tax Payment Service
Wing Bank is authorised by the General Department of Taxation (GDT) to process all tax payments without service fees, helping individuals and businesses meet their obligations conveniently through its nationwide branch network .
📱 The Wing Money App
The Wing Money app is the bank’s flagship digital platform, offering over 100 financial solutions. The app has a 4.6‑star rating with over 5 reviews .
| Feature | Availability | Details |
|---|---|---|
| Send & receive money | ✅ | Wing‑2‑Wing transfers instant; send to non‑users via Wing WeiLuy |
| International transfers | ✅ | Wing2World to 195 countries via Western Union, MoneyGram, Mastercard Move |
| Bill payment | ✅ | Electricity, water, insurance, internet, cable, taxes |
| Phone top‑up | ✅ | Cellcard, Metfone, Smart, QB, CooTel, Seatel |
| KHQR payments | ✅ | Scan to pay at 3.3 million locations via Bakong |
| Digital loans | ✅ | Up to US$50,000 in as little as three minutes |
| Virtual card | ✅ | Wing Online Mastercard for secure e‑commerce |
| Ang Pao (digital red packets) | ✅ | Gift money digitally for special occasions |
| ATM & card management | ✅ | Set limits, block/unblock, manage PIN |
| Bakong Tourist App support | ✅ | Enables tourists to enjoy cashless payments |
The app is available on iOS, Android, and Huawei App Gallery.
💵 Fees & Charges (2026)
Account & Maintenance Fees
| Fee Type | Wing Bank Policy |
|---|---|
| Account opening | Free |
| Monthly maintenance | Free |
| Minimum balance requirement | None for current account |
| Cheque book | US$5 per book |
| Early account closure (less than 6 months) | US$5 |
| Yearly account dormancy fee (inactive over 1 year) | US$6 |
The bank also announced in April 2026 that it would begin closing inactive accounts that have been dormant for over two years .
Card Fees (UnionPay Platinum)
| Fee Type | Fee |
|---|---|
| Card annual fee | US$50 (waived until 31‑Dec‑2026, then waived if 12+ transactions/year) |
| Cash withdrawal at Wing Bank ATM | Free |
| Cash withdrawal at other bank’s ATM or POS | 2% (min US$5) per transaction |
| Purchase/withdrawal in non‑USD | 2.5% of transaction amount |
| Cross‑border fee | 1% of transaction amount |
| Balance inquiry at other bank’s ATM or POS | US$0.50 per transaction |
The UnionPay card has generous daily limits: US$50,000 for purchases and cash withdrawals, with up to 30 withdrawals per day .
ATM Withdrawal Fees
| Transaction | Fee |
|---|---|
| Cash withdrawal at Wing Bank ATM | Free |
| Cash withdrawal at other bank’s ATM | 2% (min US$5) |
| Balance inquiry at other bank’s ATM | US$0.50 |
Daily withdrawal limits: KHR 2,000,000 or US$500 per transaction .
💰 Interest Rates (2026)
Savings Account – Promotional Rates
Wing Bank offers some of the most attractive promotional savings rates in the Cambodian market.
| Promotion | Rate | Minimum Balance | Period |
|---|---|---|---|
| Global Savings Promotion | 5% p.a. | USD 500 (overseas account holders) | 1 Apr – 31 Dec 2026 |
| Standard Savings (March 2026 promo) | 3% p.a. | USD 200 | Promotional only |
| Regular savings (≥ USD 5,000) | 3% p.a. | USD 5,000 | Ongoing (after Dec 2026) |
| Regular savings (< USD 5,000) | 0.1% p.a. | None | Ongoing (after Dec 2026) |
5% p.a. Promotion Details: Open to Cambodians living or working abroad in eligible countries including South Korea, Japan, USA, Canada, Australia, Germany, Malaysia, France, Belgium, Sweden, Netherlands, Switzerland, and Thailand. Interest is calculated on daily end-of‑day balance and credited monthly .
Save for a Goal Account
The Save for a Goal Account helps customers build savings toward specific financial targets over 1 to 60 months. Interest rates have historically been as high as 8.75% p.a. for longer terms, making it one of the most attractive savings products in Cambodia .
Term Deposit Accounts
Term deposit rates have historically reached up to 9% p.a. for longer terms. Promotional rates have been offered for new branches, such as a 6% p.a. rate for a 12‑month term deposit in Ratanakiri province.
Business Loan Interest
Business loans start at 7.5% per annum .
🆚 Why Choose Wing Bank?
Wing Bank offers a unique value proposition that sets it apart from traditional banks:
- Digital‑first banking – The Wing Money app is one of Cambodia‘s most comprehensive mobile banking platforms, offering over 100 services.
- Extensive agent network – With over 12,000 agents nationwide, Wing reaches districts where no other bank has a physical presence.
- High promotional interest rates – The 5% p.a. and 3% p.a. promotional rates are among the highest in Cambodia.
- Fast digital loans – Borrow up to US$50,000 in as little as three minutes without collateral.
- Fee‑free tax payments – Wing is authorised to process all tax payments without service fees.
- International reach – Send and receive money to 195 countries via Western Union, MoneyGram, and Mastercard Move.
- No minimum deposit – The current account requires no minimum deposit and has no ongoing balance requirements.
- Strong backing – Part of the Royal Group of Companies, led by Neak Oknha Kith Meng.
📰 Recent News & Developments (2025–2026)
🏛️ GDT Tower Branch Opening (February 25, 2026)
Wing Bank inaugurated its newest branch inside the GDT Tower complex in Phnom Penh‘s fast‑developing Chrouy Changvar district. The branch offers business loans starting at 7.5% annually, savings accounts earning up to 3% interest, first‑year annual fee waivers for credit cards, zero‑fee tax payments, and a modern self‑banking zone with ATMs and cash deposit machines .
🤝 ABA Bank Partnership (April 13, 2026)
Wing Bank and ABA Bank launched a partnership enabling customers to transfer funds between ABA and Wing accounts directly from their mobile apps. ABA customers can also repay loans at any Wing Cash Xpress agent nationwide .
✈️ IAAC Cambodia Partnership (March 25, 2026)
Wing Bank partnered with IAAC Cambodia, the exclusive media partner for Cambodia Airports, to place banking services at arrivals and departures terminals at Phnom Penh International Airport, targeting international travelers .
💳 Visa “Vee Together by Visa” Program (February 27, 2026)
Wing Bank joined Visa, The Asia Foundation, and Good Return to launch a multi‑partner initiative supporting tourism MSMEs with financing, digital tools, training, and data insights. The program introduces Wing Bank POS terminals for seamless KHQR and card payments .
🏛️ Cambodia Tax Forum 2026 (February 9, 2026)
Wing Bank endorsed and participated in the Cambodia Tax Forum 2026, supporting the government‘s tax modernisation efforts. The bank is authorised to process all tax payments without service fees .
🚗 JETOUR Cambodia Partnership (March 21, 2026)
Wing Bank partnered with JETOUR Cambodia to offer 100% financing for vehicle purchases, making it easier for customers to own a car with no down payment.
💉 Smile Cambodia Donation (April 1, 2026)
Wing Bank donated US$10,000 to Smile Cambodia to support life‑changing surgeries, continuing its long‑standing commitment to community health .
📈 2024 Performance & US$88M Capital Injection (2025)
The National Bank of Cambodia approved an US$88 million capital injection (comprising US$60 million in main capital and US$28 million in secondary capital) to strengthen Wing Bank’s financial stability and expand lending capacity. In 2024, the bank achieved record‑breaking performance, surpassing US$2 billion in deposits and assets, with a 73% revenue increase and a 62% surge in deposits .
🔧 Related Tools & Resources
- Directory of Financial Institutions in Cambodia – Complete list of NBC‑licensed banks
- Best Bank in Cambodia 2026 – Compare ABA, ACLEDA, Canadia, Wing, and FTB
- Invest & Travel Smart Toolkit – Financial calculators and tools
❓ Frequently Asked Questions
Is Wing Bank safe?
Yes. Wing Bank is a fully licensed commercial bank supervised by the National Bank of Cambodia. It is part of the Royal Group of Companies, one of Cambodia‘s largest and most influential business conglomerates. In 2025, the NBC approved an US$88 million capital injection to further strengthen its financial position.
Can a foreigner open a Wing Bank account?
Yes. Foreigners can open a Wing Bank account with a valid passport. For certain products like the UnionPay card, additional requirements include a valid long‑stay visa (minimum 182 days) and proof of employment or business registration in Cambodia .
What is the minimum deposit for Wing Bank?
Current Account: No minimum deposit . Savings Account: US$200 to qualify for promotional interest rates.
How do I open a Wing Bank account?
You can open an account at any Wing Bank branch or through the Wing Money app. Full KYC (Know Your Customer) verification is required.
Does Wing Bank have a mobile app?
Yes. The Wing Money app is the bank‘s flagship digital platform, offering over 100 financial solutions including transfers, bill payments, KHQR payments, loans, and virtual cards .
What is the SWIFT code for Wing Bank?
Wing Bank uses the Bakong system for domestic and regional transfers. For international inward transfers, use the partner network (Western Union, MoneyGram, Mastercard Move). Contact the bank directly for SWIFT‑based transfers.
How do I contact Wing Bank?
- Customer Service: 023 999 989
- Alternate hotline: 012 999 489
- Email: [email protected]
- In‑app chat: Wing Chat feature in the Wing Bank app
- Facebook: verified Wing Bank page
📢 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 Wing Bank‘s official website or a branch before making financial decisions. This article does not constitute financial advice.
🎯 Final Thoughts
Wing Bank‘s journey from a simple money transfer service to a full‑service digital bank is a testament to its innovation and commitment to financial inclusion. With nearly 30 branches, over 12,000 agents, and a mobile app offering more than 100 services, Wing has become one of Cambodia‘s most accessible financial institutions.
For customers seeking high promotional interest rates (up to 5% p.a.), fast digital loans (US$50,000 in three minutes), and an extensive agent network that reaches every district, Wing Bank is an excellent choice. Its strong backing by the Royal Group of Companies and recent US$88 million capital injection signal continued growth and stability.
Whether you are a rural farmer using a Wing agent to send money to Phnom Penh, a business owner applying for a loan, or an expat looking for a digital‑first banking experience, Wing Bank offers a unique blend of traditional reach and modern innovation.