Apply Services Online iBanking Login

Money Transfer

MCB is serving for transferring money from one account to another at MCB, to other accounts at MFTB,CB,KBZ and AYA and vice versa.Moreover, the bank is also operating worldwide transaction services for Myanmar migrant workers currently.

MCB’s Money Transfer Service Covers The Following Countries:

SINGAPORE
UOB Bank
OCBC Bank
DBS Bank
THAILAND
Bangkok Bank (BBL)
Kasikorn Bank (K)
Siam Commercial Bank (SCB)
Krung Thai Bank
MALAYSIA
May Bank (Malaysia)
May Bank (Yangon)
INDIA
United Bank of India (UBI)
CHINA
Industrial Commercial Bank of China (Yangon) ICBC
VIETNAM
Joint Stock Commercial Bank for Investment and Development of Vietnam (Yangon) BIDV
KOREA
Shinhan Bank (Yangon)
MYANMAR
MICB Bank
MFTB Bank
AYA Bank
CB Bank
KBZ Bank

MCB’s Money Transfer Service Covers The Following Countries:

SINGAPORE

THAILAND

MALAYSIA

We help customers achieve more.

Special Benefit

  • Provide home-service when customers want to open USD A/C.
  • Applications of A/C Transfer and USD Exchange (buying and selling) can be submitted via email.
  • Transferred money can be withdrawn within a few minutes.
  • Trusted service as transferred money can only be taken by eligible person with Pin Number.
  • Operate together with the well experienced Money Transfer Services over years. No service fee from recipient.
Basic documents required

Required Documents

Individual/Joint Account

  • Application Letter
  • Documents on having/receiving foreign currency
  • NRC (original & copy)
  • 2 ID photos

Company Account

  • Application Letter in Company Letterhead
  • Company Registration Certificate (original & copy)
  • Import/Export Registration Certificate (original & copy)
  • Memorandum of Association & Article of Association (original & copy)
  • Form VI, Form XXVI and Form E (original & copy)
  • Certificate of Registration of Documents (original & copy)
  • Meeting Minutes and Resolution
  • NRC (original & copy)
  • 2 ID photos
Find answers

Frequently Asked Questions

MCB is serving for transferring money from one account to another at MCB, to other accounts at MFTB, MFTB, CB, KBZ and AYA and vice versa. Moreover, the bank is also operating worldwide transaction services for Myanmar migrant workers currently.
  • Provide home-service when customers want to open USD A/C.
  • Applications of A/C Transfer and USD Exchange (buying and selling) can be submitted via email.
  • Transferred money can be withdrawn within a few minutes.
  • Trusted service as transferred money can only be taken by eligible person with Pin Number.
  • Operate together with the well experienced Money Transfer Services over years.
  • No service fee from recipient.

Foreign Currency Account

MCB provides foreign currency account services in the following currencies for any customers holding the currencies legally:

USD

EURO

SGD

We help customers achieve more.

Special Benefit

  • No service fees for account opening.
  • Domestic transfer/transferring money to foreign countries and accepting transferred money from foreign countries are all conducted safely with SWIFT, the International Financial Communication Network.

Terms and Conditions

  • Account can be opened with USD/EURO/SGD unit – 100 as the initial deposit.
  • USD 10,000 or the equivalence of EURO and SGD per day can be withdrawn in maximnu from Foreign Currency Account. If the customer wants more than the mentioned amoung, it can be done by account transfer, which is free of charge.
BASIC DOCUMENTS REQUIRED

Account Opening Requirements

Find answers

Frequently Asked Questions

Foreign Currency Account can be opened at

  • Nay Pyi Taw Branch
  • Kyauktada Branch
  • Muse Branch
  • Mandalay Branch
  • Dawpon Branch
  • Myeik Branch
  • Bayint Naung Branch
  • Myin Chan Branch
  • Pathein Branch
  • Sittway Branch
  • Aung Lan Branch
  • Mandalay Branch (3)
  • Latha Branch
  • Monywa Branch
  • Pazundaung Branch
  • Tant Sel Branch
  • Pabedan Mini Branch
  • North Okkalapa Branch
  • Pyay Branch
  • Mandalay Branch (2)
  • Bayint Naung Mini Branch
  • Yaesakyo Branch
  • Lashio Branch
  • Bago Branch

Account can be opened with USD/EURO/SGD unit-100 as the initial deposit.

  • No service fees for account opening.
  • Domestic transfer/ transferring money to foreign countries and accepting transferred money from foreign countries are all conducted safely with SWIFT, the International Financial Communication Network.

International Trade Services

MCB has to build a strong, stable and sustainable bank which is value creative to all our stakeholders by harnessing and contributing to the spirit of progress in Myanmar. As our Trade Finance Department also escalate Trade transactions to meet our client needs with quick and efficient services. Moreover, accommodating your business is great opportunity for MCB and proud of working with your company. We are keen to engage closely with your company to develop mutual business between us in area of financing.

Trade Services

Export
Import
Bank Guarantee

Export

MCB Bank provides the following services for the exporters.

Import

MCB Bank provides the following services for the exporters.

Basic documents required

Required Documents

Required Documents

  • Tender Invitation Letter (for Bid Bond Guarantee)
  • Contract (for Performance Guarantee)
  • MCB Application Form

Bank Guarantee

  • Tender or Bid Bond Guarantee
  • Performance Guarantee
  • Shipping Guarantee
  • Standby Letter of Credit (SBLC)
Downloadable Forms

Trade Finance Facility

Now, We, Myanmar Citizens Bank is also supporting Trade Finance Facilities for Exporters/ Importers.

BG Application Form
Form (tha ka)
Import LC Application Form
Remittance Application Form
Export Collection Application Form
Form A
Pamphlet

Foreign Currnecy Exchange

The Central Bank of Myanmar (CBM) approved selected public banks to conduct money changer license on 24 October 2011 and MCB has opened money changer counters at Kyauktada Branch, Muse Branch, Mandalay Branch and Dawpon Mini Branch.

In our exchange counter in our branches during the banking hours (9:30 am – 3:00 pm).

Exchangeable Currencies :

EURO
USD Dollar
Singapore Dollar
Malaysia Ringgit
Thai Baht

Exchange Rates

Currency We Buy We Sell
Currency Logo USD 1700 1714
Currency Logo EUR 1975 1995
Currency Logo SGD 1265 1290
Currency Logo MYR 395 405
Currency Logo THB 50 53
Currency Logo CNY 283 308
Currency Logo JPY 15 17

These exchange rates may change from time to time

Updated: 11 Dec 2025
Find answers

Frequently Asked Questions

USD, EURO, SGD, MYR, THB

International Remittance

For the remittance transactions of migrant workers from/to Myanmar to/from Oversea, we are offering International Money Transfer Services with competitive exchange rates & additional offers.

Currently, Myanmar Citizens Bank is collaborating with International Money Transfer services with MoneyGram, Ria, Merchantrade, QueenBee, DollarSmart, Thunes, and Myanmar Remit @ City Express Money Transfer have agents over 200 +++ countries worldwide.

We are serving Cash pick-up; bank deposit services and wallet deposit services that can apply at any branches of MCB Bank.

For Cash Pick Up Service : Apply at MCB branches
Contact Center : 01 2399663

We help customers achieve more.

Special Benefit

Enjoy our competitive benefits and seasonal promotions!

  • Withdrawal unlimited amount of cash
  • Enjoy lower service charges rates
  • Be eligible to receive the money in real time to CitizensPay Wallet, and MCB Bank Deposit
Basic documents required

Requirement

No matter where you need to send your money to, make it a smooth journey with our International Money Transfer Services. Enjoy preferential rates + additional benefits offered by MCB bank!

Inward Transactions

  • Sender’s Name
  • Sending Country
  • PIN code / MTCN
  • Receiver’s National ID card / Passport

Outward Transactions

  • Receiver’s Name
  • Receiver’s Contact Number
  • Receiver’s Country
  • Sender’s National ID card / Passport
  • Required documents related with purpose of transaction

Our Partners

shwebank-logo 1
chid-success-stories 1
logo 1 (1)
download 1
Find answers

Frequently Asked Questions

Outbound Remittance, by allowing maximum of USD 3000 per person.

What is Term Loan?

MCB provides Term Loan which can be used to make investments in the business.

Related Products
BASIC DOCUMENTS REQUIRED

Required Documents

YOUR MONEY IS MAKING MONEY FOR YOU & YOUR FAMILY.

Interest Rates

INTEREST SHALL BE PAID MONTHLY OR QUARTERLY
PER ANNUM FOR EVERY MMK 100
10%
FOR LATE INTEREST PAYMENT
14%
FOR LATE CAPITAL REPAYMENT
2%
  • Note: The term of Pledge Loan is 6 months. Depending on the interest repayment and purpose of extension, it can be negotiable for next 3 months of extension by the approval at the meeting of Board of Directors.

Loan Calculator

Get the right loan amount at the right rates!

Caculate Now!
Find answers

Frequently Asked Questions

MCB provides Term Loan which can be used to make investments in the business.