Yuan - Kyat Border Trade Payment Service
Business Banking > Other Services
Yuan - Kyat Border Trade Payment Service
Business Banking > Other Services
About Yuan – Kyat Border Trade Payment Service
All Myanmar businesses taking part in Myanmar – China Border Trade can now get Yuan – Kyat Border Trade Payment Service at Yoma Bank Yangon Main Branch and Yoma Bank Muse Branch.
Choose the perfect payment service for you
Key Features & Benefits
![title-border](/wp-content/themes/yoma/assets//images/template/title-border.png)
![](/wp-content/uploads/2023/08/file-invoice-dollar-1.png)
MMK Cash Withdrawal Charges
![](/wp-content/uploads/2023/08/passbook.png)
Yoma Certified Chequebook
![](/wp-content/uploads/2023/07/task-actions.png)
Monthly Statements
![](/wp-content/uploads/2023/06/multi-currency.png)
Account to Account Transfer Charges between Yoma Bank Foreign Currency (Chinese Yuan) Accounts
![](/wp-content/uploads/2023/08/shared-access.png)
Service available at Yoma Bank Yangon Main Branch and Yoma Bank Muse Branch
Eligibility & Requirements
to Payment Service
For Business Customers
- NRC/Passport of Authorized Person
- Visa Page (Valid Business Visa)
- Application Letter (Company Letter Head with
- MD/Chairman Signature and Stamp)
- Initial Deposit Limitation Amount
- Import / Export License (If Import/Export Company)
- Board of Director’s Meeting Minutes & Meeting Resolution (Company Letter Head with the signatures of more than 75% of persons from 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)
- Account Opening Charges – MMK 10,000
Initial Deposit Amount (Currently waived)
![requirement](/wp-content/uploads/2023/05/requirement-doucment.png)
Currently, Yuan – Kyat Border Trade Payment Services are only available to Business Customers doing businesses on Myanmar – China Border Trade.
Before you applied check these information
Small Print about Yuan – Kyat Border Trade Payment Service
![title-border](/wp-content/themes/yoma/assets//images/template/title-border.png)
The services provided by Yoma Bank are as follows:
- Foreign Currency (Chinese Yuan) account
- Foreign Currency (Chinese Yuan) chequebook
- Inward/Outward Remittance between any Chinese banks and Yoma Bank’s Foreign Currency (Chinese Yuan) 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 (Chinese Yuan) accounts
- MMK cash withdrawal based on daily exchange rates
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