We are introducing a CNH account for Corporates doing business on the Myanmar-China border.

You can send money directly to any account in China and transfer money directly from China to your CB Bank account. Myanmar currency will be automatically converted to Yuan and vice versa.

You can open as a company account. Myanmar Kyats account can be opened at every CB Bank branches. However, it will be designated as MUSE branch ID.

Customers can acquire cheque books at Muse Bank, or at UFC Branch (Yangon), 19th Street Branch (Mandalay) or at Oatarathiri Branch (Naypyidaw).

Exchange rate will be varied based on the yuan / kyat market in Muse. The exchange rate will be confirmed from Chinese banks three times a day for the benefits of Myanmar businesses. The rates will be adjusted with market rates.

For more information, please contact CB Bank Contact Centre (+951) 231 7770.

To open Yuan Account, you will need the following:
✅ Company Certificate
✅ Company Extract
✅ Application Letter
✅ List of BODs
✅ Export & Import License
✅ Copy of ID Card of Authorized Persons
✅ Source of income documents (if applicable)