MCB provides foreign currency account services in the following currencies for any customers holding the currencies legally:
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.
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USD 10,000 or the equivalence of EURO and SGD per day can be withdrawn in maximnu from Foreign Currency Account.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.
Application Form
Source of Income
NRC (original and Copy)
2 passport-size photos
Account opening request company letterhead
Company License (original and Copy)
Import/Export License (original and Copy)
Article of Association (original and Copy)
Form VI, Form XXVI, Form E(original and Copy)
Meeting Minutes and Resolution
NRC (original and Copy)
2 passport-size photos
Passport
Visa
Foreigner registration (Form Ka)
Employment letter issued by the company
2 introducers
2 passport-size photos
Documentary evidence on source of funds
Certificate of incorporation
Memorandum and Articles of association
Shareholders’ share allotment and information (Form VI, XXVI)
Licenses and permits to deal in foreign currency
– The Myanmar Investment Committee (MIC) Permit
– Export / Import Registration
Company’s resolution to open account and appointment of signatories
Two passport size photos each from the appointed persons
Foreigner registration card each from the appointed persons
Passport and Visa from the appointed persons
Rubber stamp of authorized signatories
2 Introducers
Documentary evidence on source of funds
Form (I)
We’ll be more than happy to answer any concern you may have.
We’ll be more than happy to answer any concern you may have.
Foreign Currency Account can be opened at
1. Nay Pyi Taw Branch
2. Kyauktada Branch
3. Muse Branch
4. Mandalay Branch
5. Dawpon Branch
6. Myeik Branch
7. Bayint Naung Branch
8. Myin Chan Branch
9. Pathein Branch
10. Sittway Branch
11. Aung Lan Branch
12. Mandalay Branch (3)
13. Latha Branch
14. Monywa Branch
15. Pazundaung Branch
16. Tant Sel Branch
17. Pabedan Mini Branch
18. North Okkalapa Branch
19. Pyay Branch
20. Mandalay Branch (2)
21. Bayint Naung Mini Branch
22. Yaesakyo Branch
23. Lashio Branch
24. 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.
