GDT authorizes Wing Bank to Accept All Tax Payments

The public can now pay their Tax to the General Department of Taxation via Wing Bank without any extra fee.

Phnom Penh, 29th May 2024 —The General Department of Taxation (GDT) has authorized Wing Bank to accept all tax payments from the public, making it convenient for individuals and entities to fulfill their tax obligations nationwide through Wing Bank without any additional fees.

The official launch event took place at Wing Bank Tower, presided over by H.E. Kong Vibol, Minister Attached to the Prime Minister and Delegate of the Royal Government, serving as Director General of the General Department of Taxation, Neak Oknha Kith Meng, Chairman of the Board of Directors of Wing Bank, and CEO of the Royal Group of Companies, along with many other dignitary guests.

Expressing gratitude to the General Department of Taxation, Bunthe Hor, Deputy CEO of Wing Bank, said, "We are truly grateful to the General Department of Taxation for entrusting Wing Bank and allowing us to utilize our expertise in fintech to streamline tax payments for our customers."

As one of Cambodia's fastest growing digital banks, Wing Bank has been a trusted partner of the GDT for a considerable time. This partnership aims to assist individuals who need to pay taxes but cannot travel to the GDT office. Instead, they can visit any nearby Wing Bank branch where no extra fees will be added to the actual invoice. With 21 branches across the country and its head office located in Wing Bank Tower, Phnom Penh, Wing Bank offers accessible tax payment options to the public.

Customers can conveniently visit any nearby Wing Bank branch and bring the minimum documents. At the taxation and public service counter, Wing Bank's dedicated and friendly staff will assist them in choosing between two payment options. They can opt to pay in cash or use the Wing Bank App. Alternatively, they can choose to deposit cheques into their Wing Bank account for payment.

Furthermore, customers have the option to pay taxes online using GDT mobile apps such as the GDT Tax Payer App for Property and Road Tax. By logging in, navigating to the tax payment section, reviewing the details, and selecting Wing Bank as their payment method, they can easily complete the transaction in just a few clicks. Soon, they will also be able to pay through GDT Tax Prefiling App and GDT E-Filing App.

As a vital component of the Ministry of Economy and Finance, GDT plays a crucial role in Cambodia's economic framework, driving tax revenue collection to support sustainable growth in the Kingdom. According to local media reports, GDT achieved its plan with USD 3.6 billion in tax collection in 2023 and aimed to increase it further to USD 4.1 billion in 2024, potentially representing 11 percent of this year's expected total GDP of USD 35 billion.

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