International Banking Products and Services Of Global Treasure Bank
Global Treasure Bank operates 22 Money Changer Counters in strategic areas such as Yangon head office, Mandalay-Yadanabon Diamond Plaza, Mandalay 26 Street, Mandalay SaiTan bank , Thandwe (Rakhine), Naypyitaw, ShweBo (Sagaing Region), Kalay (Sagaing Region), Mawlamyaing – 1 , Mawlamyaing – ZayKyo , Kawthaung, Dawei, Monywa, Sawbwargyigon, Pyay, ShweBonTha, Katha, Myawaddy, Muse, Maung Taw, Tamu, Maungmakan Township.
The bank provides a range of services including foreign exchange, foreign currency accounts, money transfer, SWIFT remittance, bank guarantee and trade finance such as letters of credit, bills for collection, trust receipts and import & export (TT & LC) trade financing in major foreign currencies such as USD, Euro, Singapore Dollars, Malaysia Ringgit and Thai Baht.
An inward money transfer service has been operating from 200 countries through Western Union Company of USA. In 2020-2021 financial year, clients from Africa, America, Asia & Middle East, Europe and Oceania countries conducted 165,098 inwards transactions amounting to Kyats 173.3 billion to various part of Myanmar through Global Treasure Bank branches. Money transfers could be made in cash or by using payment instruments such as cheques and authorized payments.
From June 2016, outward remittances through Western Union Money Transfer services are being provided at GTB branches. Customers who do not possess bank account can also send money to all over the world through GTB branches. In 2020-2021, 248 outbound transaction of State, Division has been conducted with the value of 366,924 USD.