Country guide

Cambodia

A heavily dollarized economy that has built one of Southeast Asia’s busiest national payment systems. Start with Bakong and KHQR, then follow the links into banking, lending and regulation.

Payments

Bakong explained: how Cambodia’s national payment system worksWhat Bakong is, how it connects banks and wallets, what the 2025 numbers show, and why it matters for the riel and for cross-border QR payments.
What is KHQR? Cambodia’s universal QR code explainedWhat KHQR is, how one QR code works with every Bakong member app, what is inside a code, and how KHQR connects to QR systems abroad.
In preparationDollars and riels: why Cambodia uses two currencies
In preparationHow to pay in Cambodia as a tourist

Banking

In preparationNational Bank of Cambodia: what it regulates and which licences exist
In preparationCambodia’s major banks and payment apps compared
In preparationHow to open a bank account in Cambodia as a foreigner

Lending

In preparationMicrofinance in Cambodia: MFIs, MDIs and the interest-rate cap

Crypto and digital assets

In preparationIs crypto legal in Cambodia? NBC and SERC rules explained

Cross-border

TrackerCambodia’s cross-border QR linksEvery linked country, phase and direction, with dates and sources.
In preparationSending money to and from Cambodia: options compared