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
1.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
2.Management Fees, Royalty Fees
  • Contract and / or Agreement
  • Bill issued by services provider
3.Product Insurance Premium/fees
  • No objection letter from Myanmar insurance
  • Application with company latter head
4.Air Tickets Fees and Freight Charges
  • Passenger and cargo revenue statement
  • Passport
5.Healthcare-related Expenses
  • Bill issued by service providers abroad
  • Application with company letter head
6.Loan Principle and Loan Interest
  • Repayment schedule
  • CBM approval
  • Application with company letter head
  • Financial report
  • Audit report
  • Income tax copy
7.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.
1.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