Phnom Penh International Airport will see its first two Automated Teller Machines installed on Sept 15, the latest ATM additions by Canadia Bank to its current eight cash-point outlets in Phnom Penh linked to international banking networks, a bank official said.
A deal between Canadia and airport management company Societe Concessionaire des Aeroportes also allows the bank to install two internationally linked ATMs at Siem Reap International Airport, said Yee Con Long, Canadia Bank vice president.
The bank’s international ATM service, which allows people holding accounts with Visa, Visa Plus, MasterCard, Maestro and Cirrus to access their service, was launched Aug 2, he said.
Only ANZ Royal and Canadia currently offer the internationally linked ATM service. ANZ’s service also began in August, a few days after Canadia’s.
“It costs about $50,000 to install each ATM…[so] for other cities like Battambang and Sihanoukville we are doing a profitability analysis,” Yee Con Long said, adding that since the new service began, Canadia ATMs have had 4,000 international card swipes.
“We mostly do it for marketing…the home banks pay us $1 per transaction,” he said when asked how the bank profits from offering the ATM service.
SCA is also in talks with ANZ Royal about installing their ATMs at the airport, but no agreement has been reached yet, SCA spokesman Norinda Khek said.
ANZ Royal CEO Dean Cleland wrote in an e-mail that ANZ currently has nine ATMs operating in Cambodia, adding that the bank is seeking non-branch locations for more.
ANZ is seeking to establish an interbank payment system locally where customers of one bank could use ATMs of another bank, he said.
A representative of the SBC bank said they also plan to open internationally linked ATMs to compete with Canadia and ANZ. Both Acleda and Maybank said they plan to launch unlinked ATMs.