Business Foreign Currency Account

Business Banking > Accounts

Business Foreign Currency Account

Business Banking > Accounts

About Business Foreign Currency Account

Manage foreign currencies and international payments efficiently with Yoma Bank’s Business Foreign Currency Account.

Suitable for local and international companies, business owners, and traders.

Choose the perfect account for you

Key Features & Benefits

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Simplify Your Global Business

Easily manage importing and exporting transactions in multiple foreign currencies.

Support for Major Currencies

Conduct business with five major currencies: USD, EUR, SGD, THB, and CNY.

Online and Mobile Banking

Manage your account anytime, anywhere with Yoma Bank Next Mobile Application and Business Banking Portal – BizSpace.

Account Opening Requirements

  • NRC/Passport of Authorized Persons
  • Visa Page (Valid Business Visa)
  • Passport-size Photo
  • Application Letter (On company letterhead with MD/Chairman’s signature and stamp)
  • Board of Directors’ Meeting Minutes & Resolution (On company letterhead with the signatures of more than 75% of individuals from DICA’s list)
  • Certificate of Incorporation
  • Company Extract/Profile (e.g., Directors List, Officers List, Shares & Address, etc.)
  • Import/Export License (If an Import/Export Company)
requirement

Before you applied check these information:

Account Details and Terms

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Eligible Currencies – USD, EUR, SGD, THB, and CNY.

  • Cash Deposit Charges – 0.3% on deposit amount
  • Cash Withdrawal Charges – $1/- per transaction

 

Inactive Account Fee: 1,500 MMK per month

  • Accounts without any transaction activity for over one year will be considered inactive and subject to this fee.

Business Foreign Currency Account

Frequently Asked Questions

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Please visit your nearest Yoma Bank branch, and we will assist you in issuing a replacement chequebook.

Please call our customer service hotline before visiting your nearest Yoma Bank branch to confirm the availability of Foreign Currency account services.

Read all FAQs

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