International Remittance Service
To enable Myanmar Citizens working abroad and others staying abroad for various reasons
to do the remittance, we have been cooperating with Western Union which is carrying out
the international remittance activities with more than 200 countries.
By virtue of cooperation on the part of Western Union, Myanmar citizen working abroad
send their foreign currencies for family support can be withdrawn in all GTB branches
including the Head Office within minutes. Additionally, we can also remit the outbound
to over 200 countries through Western Union. As our remittance service is safe and
swift, we could have won the trust and reliance of the customers, and we will continue
to promote the quality of service we are providing in order that we can stand tall in
the foreign baking sector.
Domestic Money Transfer Service
The bank is recognized as one of the leading banks in remittance services with a
current network of 177 branches which is a great opportunity for remittance.
Development in remittance can be attributed to the online banking system, which
makes remittance available within an hour, fast, easy and safe, cheaper rate as
well as the customers from fur-flung areas have easy access to the remittance
services. Those who have remitted with the presentation of the Citizenship
Scrutiny Certificate as an evidence of their identity can send their money to
the payee within a single day with amount of remittance not restricted. Even
during the crisis, the payees were issued the full amount of remittance. The
Payees can withdraw cash or have their remittance transfer into their bank
account
In 2025-2026 financial year, the bank provided remittance services as follows;
| Volume of Remittance |
5.64 Trillion Kyats |
| Total Income from Remittance |
7.79 Billion Kyats |
Graph
showing statement on remittance and income:
