Foreign Exchange Service

Buy or sell foreign currencies at competitive exchange rates

Description of Product
  • Purchase or sales of selected foreign currencies for immediate or spot delivery
Benefits for Customers
  • Buy or sell foreign currencies at competitive exchange rates
Key Features
Eligible Customers
Any customer holding legitimate foreign currency
Available Currencies
  • US Dollar
  • Euro
  • Singapore Dollar
  • FEC
Services Offered
  • Buy and sell foreign currency against Kyats
  • Buy and sell of foreign currency against another foreign currency
Modes of Currency Exchange
  • Exchange Counter (Cash Transaction)
  • Account Transfer from one FCA to another FCA account
  • Account Transfer from or to account with another bank in Myanmar
General Requirements – Documents required for transaction above USD 10,000 equivalent
Customer Type Documents Required
Buying Selling
Myanmar Citizens 1. Passport
2. Air Ticket
3. Supporting Documents for purchase		 1. National Registration Card (NRC)
2. F.E.D Form
Individuals/Organisations having authorised dealer license to conduct foreign exchange transitions 1. Authorised Dealer Licence
2. NRC
3. Company Registration		 1. Authorised Dealer Licence
2. NRC
3. Company Registration
Foreign Individuals (Tourists) Documents/evidence of official exchange of Foreign Currency upon entering the country 1. Passport
2. F.E.D Form
Foreign Individuals (Residing in Myanmar) Reason for purchase & supporting documents 1. Passport
2. F.E.D Form/evidence of withdrawal from Foreign Currency Bank Account
Pricing
Please contact us for more information.
 



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