Outward Remittance
(Outward transaction) for Trade and Non-Trade Payments.
- Charges
- 0.125% (Min-USD 25.00) + cable charges USD5 per transaction
- Amendment, Cancellation, Enquiry – USD 10.00 (Fixed)
Required Documents
Payments of Goods
- For Import products or products shipped from other countries
- Import License (if needed)
- Import Declaration Form (ID)
- Bill of Lading (B/L) or Air Waybill or cargo receipt
- Invoice and packing list
- Cover Letter with Company Letter Head
Management Fees, Royalty Fees
- Contract and / or Agreement
- Bill issued by services provider
Product Insurance Premium/fees
- No objection letter from Myanmar insurance
- Application with company latter head
Air Tickets Fees and Freight Charges
- Passenger and cargo revenue statement
- Passport
Healthcare-related Expenses
- Bill issued by service providers abroad
- Application with company letter head
Loan Principle and Loan Interest
- Repayment schedule
- CBM approval
- Application with company letter head
- Financial report
- Audit report
- Income tax copy
Dividend
- Meeting minutes
- MIC Permit
- Company registration
- Company Extract
- Application with company letter head
Inward Remittance
Your remitters have to fill up to transfer money
| Bank SWIFT code | FPBPMMMY |
| Bank Name | First Private Bank LTD. |
| Beneficiary Account No | Receiver Account Number with FPB |
| Beneficiary Name & Address | Receiver name & address in full details |
| Intermediate Bank Name | Depositary correspondent Bank of FPB (UOB, OCBC, ICBC etc.) |
| Intermediate Bank SWIFT Code | Depositary correspondent Bank SWIFT Code (OCBCSGSGXXX) |
| Purpose of Payment | XXXXXXXXXXXXXX |
Requirements
- For general remittance, current account transaction, such as salary payment, expenditures and management costs have to apply bank to credit receiver account attached with related documents.
- For Capital/ Investment remittances, the transaction will be checked as per Central Bank of Myanmar Rules and Regulations and credit into customer accounts.
Payments of Goods
- For Export products or products shipped to other countries
- Export License (if needed)
- Export Declaration Form (ED)
- Bill of Lading (B/L) or Air Waybill or cargo receipt
- Invoice and packing list
- Cover Letter with Company Letter Head