Transfer fund securely to other countries through Western Union.
Western Union is a globally accepted and recognized American financial institution for fund transfer in over 200 countries safely and securely.
- Safe: your fund transfer will be carried out by globally recognized financial institutions
- Secure: with 10 units MTCN (Money Transfer Control Number)
- Send money and receive in minutes
- Money can be withdrawn in all CB branches nationwide
For beneficiaries |
No need to pay any remittance fees |
For senders |
Remittance fee of 25 USD for the amount not more than 3,000 USD. |
For Beneficiaries: Original NRC must be presented and information of the sender name, amount, sending country and MTCN number.
For Sender: Please check the detailed requirements as follow.
Detailed Required Documents:
No. |
Type of Remittance |
Objective of Remittance |
Required Documents |
1. |
Payments of Goods |
For payment of products imported or shipped from foreign countries. |
1. Import license (if needed) 2. Import declaration form (ID) 3. Bill of lading (B/L) or Airway bill (AWB) and/or cargo receipt 4. Invoice and packing list |
2. |
Service fees (For Payment of Service) |
Management fees, Royalty fees |
1. Contract and / or Agreement 2. Bill issued by services provider |
Delivery fees |
1. Bill issued by service provider |
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Product insurance premium/fees |
1. Bill issued by service provider 2. No objection letter from Myanmar insurance |
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Air Ticket fees and Freight charges
|
1. Application with company letter head 2. Audit Report 3. Passenger and cargo revenue statement |
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3. |
Medical Expenses |
Healthcare-related expenses, such as medical fees
|
1. Passport 2. Bill issued by service providers abroad. |
4. |
Investment in Business Abroad |
Loan principal and loan interest |
1. Application with company letter head 2. Repayment schedule 3. CBM approval |
Dividend |
1. Application with company letter head 2. Financial report 3. Audit report 4. Income tax copy 5. Meeting minutes 6. MIC Permit 7. Company registration 8. Form 6/26 |
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Liquidation |
1. Application with company letter head 2. Meeting minutes 3. Company registration 4. Form 6/26 5. CRD Copy 6. Advertisement from Newspaper 7. CBM approval |
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Air craft purchase and Air craft rent |
1. Application with company letter head 2. Agreement (purchase or Rent) 3. AOC (Air craft operation certificate) 4. Form 5 5. Repayment Schedule |
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5. |
General |
Salaries |
1. Passport Copy 2. Work permit 3. Job contract/ Job Agreement 4. Payroll/ Pay slip |
Education |
1. Passport Copy 2. Education related documents (Transcript of records) |
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Travelling Expenses |
1. Passport Copy 2. Air ticket or other transportation ticket 3. Related bill |
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Compensation |
1. Order of court |
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Donation |
- Related reformation letter (Issued by Organization) - Purpose of donations |
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Export Refund |
1. Application with company letter head 2. Form E 3. Sale Contract |
Other required documents:
- Customers have to open FCY A/C CB Bank (HO) or Branches
Customers have to summit TT application with form THA-KA for trade payment and TT application with form A for non-trade payment