A very fast, safe and reliable way of transferring money between two persons or entities anywhere in the world through use of AYA’s wide correspondent relationships and the SWIFT network.
- Outward SWIFT Telegraphic Transfer
- Sending money to beneficiaries outside Myanmar from your account with AYA Bank
- Inward SWIFT Telegraphic Transfer
- Receiving funds to your account in Myanmar from senders outside Myanmar
Benefits
- Very fast, the recipient is able to receive the funds quickly usually within 24 hours
- Very safe with practically no risk of loss as bank uses their correspondent banking relationship to conduct settlement
- Reliability ensured as banks have the necessary internal infrastructure and send and receive messages through authenticate SWIFT messages to ensure that the transfer is executed in a timely fashion and to good order