Baht – Kyat Border Trade Payment Service

Business Banking > Other Services

Baht – Kyat Border Trade Payment Service

Business Banking > Other Services

About Baht – Kyat Border Trade Payment Service

All Myanmar businesses taking part in Myanmar – Thai Border Trade can now get Baht – Kyat Border Trade Payment Service at Yoma Bank.

 

Choose the perfect payment service for you

Key Features & Benefits

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MMK Cash Withdrawal Charges

Yoma Certified Chequebook

Monthly Statements

Accounts

Eligibility & Requirements
to Payment Service

For Business Customers

  • NRC/Passport of Authorized Person
  • Visa Page (Valid Business Visa)
  • Application Letter (Company Letter Head withMD/Chairman Signature and Stamp)
  • Initial Deposit Limitation Amount
  • Import / Export License (If Import/Export Company)
  • Board of Director’s Meeting Minutes & Meeting Resolution (Company Letter Head with the signatures of more than 75% of persons from DICA’s List)
  • Certification of Incorporation
    Memorandum of Association (MOA) / Articles of Association (AOA)
  • Myanmar Traders Membership (if needed)
  • Official Transfer of Authority to the Agent, Invoice and Sales Contract (if with Agent)
  • Account Opening Charges – MMK 10,000
  • Initial Deposit Amount (Currently waived)
requirement

Before you applied check these information

Small Print about Baht – Kyat Border Trade Payment Service

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  • Yangon Main Branch
  • Myawaddy Branch
  • Muse Branch
  • Mandalay Main Branch
  • Bayintnaung Branch
  • Hlaing Thar Yar Branch
  • Yankin Branch
  • Shwe Pyi Thar Branch
  • North Okkalapa (Thiri Yadanar) Branch
  • Myeik Branch
  • Hpa-An Branch
  • South Dagon Branch
  • Nay Pyi Taw Branch
  • Tharkayta Branch
  • Taunggyi Branch
  • Lashio Branch
  • Mawlamyaing Branch
Note

Remark: Currently, Baht – Kyat Border Trade Payment Services are only available to Business Customers doing businesses on Myanmar – Thai Border Trade.

The services provided by Yoma Bank are as follows:

  • Foreign Currency (Thai Baht) account
  • Foreign Currency (Thai Baht) chequebook
    Inward/Outward
  • Remittance between any Thai banks and Yoma Bank’s Foreign Currency (Thai Baht) account via Telegraphic Transfer (TT)
  • Letter of Credit (LC), Document of Acceptance (DA) and Document Against Payment (DP) services (Border Trade only)
  • Direct transfer between Yoma Bank Foreign Currency (Thai Baht) accounts
  • MMK cash withdrawal based on daily exchange rates

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