SWIFT for Corporates

SWIFT for Corporates
MT940 (Swift Statement Service)

MT940 (Customer Statement) service provides updates about transactions involving accounts with CB Bank to a third party bank or groups of companies from abroad.

Download SWIF Statement Request Form

MT940 Application Form

  • Check account transactions and balances of subsidiaries’ bank accounts
  • Obtain details about each account transaction if information about it was recorded
  • Automate bank reconciliation for operational efficiency
  • Overview of liquidity position held with CB Bank
  • Requirement
    • Swift code at destination
    • Current Account or Savings Account with CB Bank
MT101 (Request for transfer)

MT101 (Request for transfer) service enables international companies to allows access to their accounts opened with CB Bank from their offices aboard.

CB Bank accepts transfer instructions through MT101 and then executes the following payments from the clients’ accounts according to these instructions.

  • Transfer funds between accounts held with CB Bank (USD, MMK)
  • Transfer funds from CB Bank to some other banks in Myanmar (USD, MMK)
  • Overseas Payments (Supporting documents required )
  • Future-dated Payment (USD, MMK )
  • Payroll Transactions (USD, MMK )
  • Requirement
    • Bilateral agreements signed with CB Bank