To facilitate fast and secure transfer of funds, Kanbawza bank (KBZ) offers international remittance service to students going abroad for the study, patients going abroad for medical treatment/check-up, foreigners and those working overseas.
(1) Inward Remittance
(2) Outward Remittance
***Fees may differ between account number and cash pick up at the bank with reference code.
The Western Union Company is an American financial services and communications company. They allow transferring money online to friends and family around the world via Western Union. Customer will be able to withdraw money with provided MTCN1234567890 (Money Transfer Control Number).
No Service Charges
All countries around the world except North Korea, Armenia and Iran.
Telegraphic Transfer is Account-to-Account transfer of money from other countries to Myanmar via SWIFT.
Required documents depend on purpose of remittance (eg. agreement, contract, invoices, etc.)
*For any transfer amount of the purpose of Capital / Investment, Loan & Export / CMP Charges, documents must be provided.
***For the transfer amount over USD 10,000 of other purposes of remittance, related documents need to be provided.
The western union is an American financial services and communications company. They allow transferring money online to friends and family around the world via western union services from Myanmar. Customer will be able to withdraw money with provided MTCN1234567890(Money Transfer Control Number).
The fastest way to transfer money to your loved ones
Make the most of KBZ’s competetive transfer rates
A simple process giving you peace of mind wherever you are
The safest way to send your money overseas
Remitter can directly send money from KBZ correspondent banks. (If remitter wants to send from other banks, need to use KBZ correspondent banks as intermediary.)
|1||Industrial and Commercial Bank of China||ICBKCNBJ||USD||China|
|4||Sumitomo Mitsui Banking Corporation||SMBCJPJT||USD,JPY||Japan|
|5||Mizuho Corporate Bank Ltd.||MHCBJPJT||USD,JPY||Japan|
|6||United Bank of India||UTBIINBBOVE||USD||India|
|7||KEB Hana Bank||KOEXKRSE||USD||Korea|
|10||Industrial Bank of Korea||IBKOKRSE||USD||Korea|
|11||Malayan Banking Berhad, Maybank||MBBEMYKL||USD||Malaysia|
|12||CIMB Bank Berhad||CIBBMYKL||USD||Malaysia|
|13||United Overseas Bank Ltd.||UOVBSGSG||USD,EUR,SGD||Singapore|
|14||Oversea-Chinese Banking Corporation Ltd.||OCBCSGSG||USD,EUR,SGD||Singapore|
|15||Malayan Banking Berhad,Maybank||MBBESGSG||USD||Singapore|
|16||Sumitomo Mitsui Banking Corporation||SMBCSGSG||USD,EUR,SGD||Singapore|
|17||DBS Bank Ltd||DBSSSGSG||USD,SGD||Singapore|
|18||CIMB Bank Berhad||CIBBSGSG||USD,SGD||Singapore|
|19||Bank Negera Indonesia||BNINSGSG||SGD||Singapore|
|20||Cathay United Bank||UWCBTWTP||USD||Taiwan|
|21||Bangkok Bank Public Company Ltd.||BKKBTHBK||USD,THB||Thailand|
|22||Siam Commercial Bank Public Company Ltd.||SICOTHBK||USD,EUR,THB||Thailand|
|23||Krung Thai Bank Public Company Ltd.||KRTHTHBK||USD,THB||Thailand|
|24||Kasikorn Bank Public Company Ltd.||KASITHBK||USD,EUR,THB||Thailand|
( If the beneficiary bank is not our correspondent bank, need to query our correspondent bank whether it can do as intermediary bank or not. Notice that payment can be rejected or blocked because it may be passed through many banks in the respective countries.)