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Myanmar-India Trade(INR Account)

Myanmar-India Trade(INR Account)

To facilitate smoother fund transfers for Myanmar-India trade, business owners and corporates can open Indian Rupee (INR) foreign currency account at CB Bank branches in Yangon, Mandalay and Nay Pyi Taw.

Features and Benefits
  • Transfer directly between Indian Rupee (INR) and Myanmar kyats (MMK) accounts.
  • CB Bank sets INR/MMK exchange rate based on competitive market prices.
Rates & Fees

Pre-arranged fees & charges

Requirements

• Company Certificate
• Company Extract
• Application Letter
• List of BODs
• Export & Import License
• ID Card Copy of Authorised Persons
• Source of income documents (if applicable)