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Remittance simulator
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Start overseas remittance in 3 easy steps
Register account information
Add Recipient Information
Overseas remittance procedure
Various receiving methods available
| Remittance Currency | MMK | USD |
|---|---|---|
| Sender | PayForex member(Individual only) | PayForex member(Individual and Corporate) |
| Beneficiary | Individuals with MMK bank accounts in Myanmar | Individuals and corporations with USD bank accounts in Myanmar |
| Remittance limitation | To MCB Bank: Foreign currency (MMK) equivalent to 1 million JPY. ※The limit for the following remittance purposes in Myanmar is not to exceed US$10,000 per year. If the requested remittance exceeds this limit, the transaction will be returned. (a) Gift (b) Donation (c) Repair / maintenance cost (d) Inheritance (e) Cash from transfer of real estate (f) The other types of financial cash receipts To AYA Bank and other banks: Foreign currency (MMK) equivalent to 700,000 JPY. |
Foreign currency(USD) equivalent to 1 million JPY. |
| Number of remittances | Unlimited | Unlimited |
| Days required | 1-2 business days | 0-2 business days |
| Remittance fee | Please check「 List of remittance fees 」 | Please check「 List of remittance fees 」 |
| Other bank charges | Available | Available |
| Others | The registration for the recipient's NRC information is required. If the recipient is a foreign national, please enter his/her passport number .(*Please make sure to obtain correct information from the recipients) Example: ① Recipient of Myanmar nationality 12 / LaMaTa (N) 123456 (State number + "/" + city name + "NRC type" + NRC number) ② Recipient of Foreign Nationality XS1234567 |
There might be other bank charges (Intermediary bank, beneficiary bank) involved. Please check “About fees” for details. |
| Remittance Currency | MMK |
|---|---|
| Sender | PayForex member(Individual only) |
| Beneficiary | Individual only |
| Remittance limitation | 5,000,000 MMK |
| Number of remittances | Unlimited |
| Days required | Generally within 24 hours |
| Remittance fee | Please check「 List of remittance fees 」 |
| Cash pickup location | The locations for cash pickup are AYA BANK (AYEYARWADY BANK PCL ) and MCB Bank branches (MYANMAR CITIZENS BANK LTD.) |
| Other bank charges | Available |
| Others | The reference number (RI No.) will be notified to the sender, so please inform the beneficiary. The beneficiary is required to present his/her NRC (personal identification document) when receiving the money.(The administrative division+Abbreviation for place of origin+6-digit number) |
| Remittance Currency | MMK |
|---|---|
| Sender | PayForex member(Individual only) |
| Beneficiary | Individual only |
| Remittance limitation | To Citizens Pay: 100 MMK~5,000,000 MMK To AYA Pay: 100 MMK~1,000,000 MMK |
| Number of remittances | Unlimited |
| Days required | Generally within 24 hours |
| Remittance fee | Please check「 List of remittance fees 」 |
| Other bank charges | Available |
| Others | - |