How to send money to Cambodia from India with the best INR-KHR rate

The exchange rate determines the price you’ll pay for Riel when sending Indian Rupee to Cambodia.

The rate between the Indian Rupee and Riel is currently 42.2472.

The total cost of money transfers from India to Cambodia is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.

• The Mid-Market and Exchange Rates: The mid-market rate for INR-KHR is currently 42.2472 KHR per Indian Rupee. Providers offering services closer to this rate will ensure more Riel for your Indian Rupees.

• Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Ria Money Transfer, charging 4 INR per transfer. In all cases, we recommend searching for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount eventually received in Riel. Simply, the higher the amount received in India, the lower the cost of sending from Cambodia.

Sometimes, waiting a day or two can help you get more KHR for the same amount of Indian Rupee. Using a forward contract that also allows you to lock in an agreed exchange rate between India and Cambodia.

Sending money via a bank transfer is the recommended option for sending money from India to Cambodia.

Here are all the ways to send money from India to Cambodia:

Bank transfers

Paying via a bank transfer is often the better option for sending money from India to Cambodia.

By using a money transfer company such as Ria Money Transfer for transfers from India to Cambodia, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money from India to Cambodia with a debit or a prepaid card is easy with Western Union Agent.


Western Union Agent is a one of the better options in the market for international debit card transfers from India to Cambodia.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone (especially with high cash advance fees).

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Some services between India and Cambodia have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in Cambodia as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to Cambodia, use Wise. The combination of rates and fees when sending from India to Cambodia is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving India, or entering Cambodia. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive Riel in Cambodia. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from India to Cambodia will offer every method for incoming Riel, so it’s best to check ahead of time.

One of the more common ways to transfer from India into Riel is directly into a bank account. Wise is the best company for bank transfers between India and Cambodia.

And if you need cash right away, check if cash pickup is an option for transfers between India and Cambodia.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Ria Money Transfer.

When signing up to and sending Indian Rupee to Cambodia, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in India this will be a government issued ID such as a passport or driver's license. In Cambodia it will be similar, although this should only be needed if you are opening a new account in Cambodia, or collecting in cash. Sending to an existing bank account in Cambodia shouldn’t require any additional ID checks.

Large transactions between India and Cambodia, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Wise has scored so highly for transfers to Cambodia is their easy sign up process in India.

When sending large amounts of money between India and Cambodia there will potentially be a tax declaration to consider.

Some transfers into Riel may need to be reported to tax authorities in Cambodia, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Cambodia based on age, income and a few other elements. When in doubt, please contact a tax professional in India or Cambodia to discuss your personal circumstances.