Trade Finance
GTB is carrying out export/import services, bank guarantee service, trade financing and
cross border business. Currently contact is being made with Punjab National Bank from
India to be able to carry out India-Myanmar cross border activities. In this regard,
Special Rupee Vostro Account (SRVA), a new trade mechanism to settle international trade
in Rupees has already been opened.
On 26th October in 2023, The Central Bank of Myanmar granted GTB as a Designated Bank to
exchange Baht into Kyat and vice versa for bilateral trading between Thai and Myanmar as
well as to exchange Yuan into Kyat and vice versa for bilateral trading between China
and Myanmar. And on 31st July 2024 the same procedure was granted to exchange Rupee into
Kyat and vice versa. GTB would like to make it known to the importers/ exporters that we
are now offering the said currencies exchange services to facilitate their border trade
activities with China, Thailand and India.