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 engaging in Myanmar – Thai border trade can now access the Baht – Kyat Border Trade Payment Service at Yoma Bank.

Choose the perfect Trade Payment service for you

Features & Benefits

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No Fee for MMK Cash Withdrawal Charges

Yoma Certified Chequebook

Monthly Statements

Easily transfer between Yoma Bank Baht Accounts

Requirements

For Business Customers

  • NRC/Passport of Authorized Person
  • Visa Page (Valid Business Visa)
  • Application Letter (Company Letterhead with MD/Chairman Signature and Stamp)
  • Initial Deposit Amount
  • Import / Export License (If Import/Export Company)
  • Board of Director’s Meeting Minutes & Meeting Resolution (Company Letterhead with the signatures from more than 75% of persons on 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)

 

requirement
Note

Currently, Baht – Kyat Border Trade Payment services are only available to business customers conducting trade on Myanmar – Thai Border.

Before using the service, please review the following information

Service Details

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  • Account Opening Charges – 10,000 MMK
  • Initial Deposit Amount (Currently waived)

  • 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

  • Foreign Currency (Thai Baht) account
  • Foreign Currency (Thai Baht) chequebook
  • Inward/Outward Remittance between any Thailand 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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