Through Inward Remittance, you can receive funds from abroad.
Incoming fund transfer from any country by using SWIFT code CPOBMMMY will be notified by the bank and can also receive notification by using e-statement/e-alert subscription.
All inward remittance from correspondent banks will be processed and credited to customer’s account on next banking day.
USD 10.00 (Fixed) per transaction
Amendment, Cancellation, Enquiry- USD 10.00 (Fixed)
Exchange rate for cross currency transaction up to USD 10,000 will be converted automatically by CB Bank T24 system rate and above USD 10,000 will be converted by Treasury Department daily rate.
The credit advice can be collected personally at CB Bank or received by e-statement/e-alert subscription.
- Country Name
- Bank Name
- Beneficiary Bank SWIFT Code
- Beneficiary Account Number
- Purpose of Payment
- Overseas Remittance Information with CB Bank
To get wire transfer to Myanmar, please advise your remitters as follows :
| Bank name & address | : |
Cooperative Bank Limited (PLC) No.334/336, Corner of 23rd Street & Strand Road, Latha Township, Yangon, Myanmar. |
| Bank SWIFT code | : | CPOBMMMY |
| Beneficiary Account No. | : | Beneficiary Account Number with CB Bank |
| Beneficiary Name & Address | : | Beneficiary name & address in full details |
| Intermediate Bank Name | : | Depositary correspondent Bank of CB bank, UOB, DBS, BTMU etc… |
| Intermediate Bank SWIFT Code | : | SWIFT code of Depositary Bank |
For general remittance such as salary payment, expenditures and management costs will be checked against the relative documents and will be credited to customer accounts.
For Capital/ Investment remittances, the transaction will be checked as per Central Bank of Myanmar Rules and Regulations and credit into customer accounts.
|
Objective of Remittance |
Required Documents |
| Capital brought in/ Capital Injection |
|
| Offshore Loan |
*All documents are compulsory * |
CB Bank (Trade Center)
International Trade and Payment Services Division (Payment Services Department)
No 334/336, Corner of 23rd Street and Strand Road, Latha Township, 11142, Yangon, Myanmar.
Hot Line: +951-378643, +951-378645, +951-370469