နိုင်ငံခြားငွေလွှဲလုပ်ငန်း

ဘဏ္ဍာရေးနှင့်အခွန်





Foreign Remittance

Service Requirement

Personal, companies, organizations, foreign investment companies, foreign joint-venture companies can apply for Foreign Remittance.

Required Documents

Inward Remittances

Application with company letterhead

  • Company Incorporation Certificate (copy) or receipt of the company registration fees paid to Directorate of Investment and Company Administration is needed for Initial Capital.

Outward Remittances (Trade)

  • Application with company letterhead
  • Transfer Application Form
  • Import License, Import Declaration (I.D)
  • Bill of Lading / Airway Bill / Cargo Receipt
  • Invoice
  • Packing List
  • Sale contract if imported with Non-License

Outward Remittances (Non-Trade)

  • Application with company letterhead
  • Foreign currency transfer application (Form A)
  • Audit Report, MIC Permit
  • Taxation Documents for evidence
  • Loan Agreement and CBM permission if Loan repayment.
  • Other necessary documents based on type of remittances.

Service Fees

USD 15 per transaction is collected as bank charges.

Bank commission for outward remittance is ⅛% on remittance amount (Minimum USD 50).

Steps to Apply

Inward remittances

  • Application with company letterhead.
  • Checking Statement of Income at SWIFT Message (MT-103), and requesting for approval
  • Transfer the money to respective account after getting approval

Outward Remittances (Trade/ Non -Trade)

  • Application with company letterhead.
  • Check applied documents by Manager and Assistant Manager whether the data are correct or not
  • Presented documents will be checked by Manager as per the FEMD Regulations and submit to more authoritative departments for approval
  • Sending SWIFT to Beneficiary Bank for permitted remittances.

Contact Address

Yangon

No.170/176, Corner of Bo Aung Kyaw Road and Merchant Road, Botahtaung Township, Yangon.

Mandalay

No.100, 84th Street,between 29th Street and 30th Street,Chan Aye Thar Zan Township,Mandalay.

Website Address

www.micb.gov.mm