At a time when tax transparency is becoming the global standard, Cambodia remains one of the few places where confidentiality, flexibility, and financial freedom still truly matter. It is a country outside the CRS system, with modern banking and a stable regulatory environment. That’s why opening a foreign account in Cambodia is now one of the smartest ways to diversify and protect your wealth internationally.
Discover why offshore banking is increasingly chosen as a way to safeguard assets and maintain financial privacy.
Learn how to open an account, why it makes sense, and what benefits await investors. With Relocatify, setting up a bank account in Cambodia has never been easier — you can even do it remotely!
What is an offshore account and how does it work?
It’s a bank account held outside the account holder’s country of residence — most often used for personal or investment purposes. An offshore account allows you to:
- protect assets from economic and legal instability,
- increase the privacy of financial transactions,
- make it easier to operate in multiple currencies,
- secure investment profits (including crypto).
Why open a foreign bank account in Cambodia?
Cambodia has, in recent years, become a magnet for entrepreneurs and investors looking for an alternative to traditional financial hubs. A stable banking system, the absence of strict currency exchange regulations, and a welcoming approach toward foreign clients make an offshore account in Cambodia a solution worth considering.
Key benefits:
Financial privacy: Cambodia does not participate in the CRS (Common Reporting Standard), which means your account information is not automatically shared with your country of residence and is not subject to any European oversight.
Easy offshore account setup online: With us, you can open your account remotely without visiting a branch. The whole process can be completed in as little as 2 business days.
Liberal KYC approach: Cash deposits of up to USD 1 million are possible.
Modern banking system: Bakong, powered by blockchain technology.
Currency flexibility: Multi-currency accounts allow you to hold funds in USD or even crypto, without high conversion fees.
Low maintenance costs: Compared to banks in Singapore or the Caribbean, Cambodian accounts are cheaper to maintain.
Access to Asian markets: A foreign account in Cambodia is your gateway to investments in the rapidly growing ASEAN region.
0% tax on crypto profits: In Cambodia, you don’t pay tax on cryptocurrency gains, making it especially attractive.
Crypto-friendly banking: Cambodia is a haven for crypto enthusiasts. You can easily deposit and withdraw funds through trusted OTC P2P channels.
How to Open an offshore Account in Cambodia: Step by Step
Opening a non-CRS bank account in Cambodia is easier than you think. Here’s what you need to know:
- You get in touch with Relocatify.
Message us on X (@relocatify1), via Telegram (@relocatify), WhatsApp: +855885581957, or Mobile: +855885581957. - Cambodia Offshore Account — Required Documents
You typically need a passport and proof of address. In some cases, a business visa may be required, but we’ll help you handle everything. - Submitting the application
With Relocatify, you don’t need to travel to Cambodia. We handle the entire process remotely. You fill out the form, send us your documents, and wait for verification. - Processing time
Online offshore account: Verification usually takes 3 to 7 business days — all you need is your passport and a Polish phone number.
On-site: If you decide to visit a branch (we’ll direct you to one in Cambodia’s capital, Phnom Penh), you can open your account the very same day.
Banks typically require a minimum deposit of at least USD 100 when opening an account. - Activation and management
– Once approved, you’ll gain access to online banking and a modern mobile app.
– Most banks offer debit cards (Visa, Mastercard, UnionPay, including anonymous versions) that work worldwide.
– You can use your account to store savings, make transfers, and manage investments.
How long does it take to open a bank account in Cambodia?
- Online offshore account: From application to full activation, it usually takes 1–2 weeks.
- Bank visit: If you are in Cambodia, your account can be ready within 1–2 days.
Additional services: If you want, for example, an investment account or crypto integration, the process may take a few extra days for verification.
Benefits for foreign investors.
A foreign bank account in Cambodia is not only a way to protect your capital but also a strategic tool for investors. Why is it worth it?
- Protection from instability: In times of inflation and economic uncertainty, an offshore account provides a safe haven for your funds.
- Tax optimization: While Cambodia is not a “tax haven” in the traditional sense, the absence of automatic information exchange with EU countries allows for greater discretion.
- Asset diversification: You can hold funds in multiple currencies, invest in local real estate (Cambodia is experiencing a property boom), or enter Asian markets.
- Low entry threshold: Unlike Switzerland or Singapore, Cambodian banks do not require million-dollar deposits.
- Crypto-friendly: Some banks allow integration with cryptocurrency exchanges, which is a major advantage for digital asset investors.
How to make use of an offshore account in Cambodia?
- For storing savings outside Europe,
- For withdrawing crypto profits (USDT → USD → card),
- For using payment cards worldwide,
- For international transfers (without restrictions, without reporting).
Why work with Relocatify?
Experience and understanding of local nuances.
We’ve worked hard to create a service that enables fast and seamless account opening in Cambodia. We are more effective than anyone else thanks to our deep knowledge of the market, years spent on the ground, and strong business relationships with the Khmer community.We provide support throughout the entire process of opening a foreign account in Cambodia and while using it afterward.
You can open an account 100% remotely — without traveling to Cambodia.
We offer comprehensive support and access to the best banks, with guaranteed full confidentiality.Trust.
Hundreds (or even thousands) of clients have already trusted us, experiencing how convenient and safe banking in Cambodia can be. And they keep coming back, not only for banking but also for real estate investment opportunities.Service available in English, German and Polish.
Offshore Account Cambodia. Your money. Your privacy. Your financial independence.
Cambodia is one of the last places where you can still truly manage your wealth outside the system — legally, safely, and with flexibility. Find out how easy it is to open an offshore account with us! Remotely or during your stay in Cambodia. If you’re planning a visit, make sure to contact us in advance. We’ll arrange everything in the shortest possible time (taking into account, for example, different procedures across banks and Cambodia’s public holidays).
Let’s talk — waiting for contact from you!