Foreign Currency Exchange Service
Shwe Bank offers Foreign Currency Exchange Service to our customers to and from designated Foreign Currencies(USD, EUR, SGD and THB) against Myanmar Kyat.
5.2.2021 |
USD - BUY 1390/ SELL 1440 |
EURO - BUY 1580/ SELL 1630 |
"btext">SGD - BUY 990/ SELL 1060 |
|
You don’t have to travel far for a complete menu of foreign exchange services.
Shwe Bank offers Foreign Currency Exchange Service to our customers to and from designated Foreign Currencies(USD, EUR, SGD and THB) against Myanmar Kyat.
Customers can open the following foreign currency accounts –
The purpose of Foreign Current Account is to prevent customers’ foreign currencies from the loss cause by exchange rate difference and also helps customers to make foreign commercial payments. Foreign currency accounts are non-interest-bearings.
Advantages
Initial deposit : 100 (USD/SGD/EUR)
Deposit commission : Free charge on Initial Deposit 100 (USD,EUR,SGD) and 0.3% charges on subsequent deposits.
A/C close minimum balance : 5 (USD,EUR,SGD) for Individual & Joint customers, 10 (USD,EUR,SGD) for Corporate customers.
An export documentary letter of credit is a document whereby buyer instructs their bank to pay the seller, assuming that the agreed conditions specified in the original documentary credit are met.
Shwe Bank offers Import letter of Credit, Import bill under LC and Import bill under collection to customers.
On the purpose of Trade or Non-Trade telegraphic transfers can be made at Shwe Bank with required documents to your partners, friends and other entities around the world through SWIFT system.
Bank guarantees are used for common commercial or statutory requirements by customers. Shwe Bank can offer –