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Domestic Money Transfer Services

Intra-bank Transfers:

Transfers between MTB bank branches

You can transfer money for cash withdrawal or account transfer.

Transfer Fees:

Within the same city/township: No charge

Other cities/townships (for cash withdrawal): 0.05%

Other cities/townships (for account transfer): 0.025%

Special regions (Myawaddy/Muse): 0.10%

Communication fee: 500 Kyats

 

Money Transfer Services via CBM-NET System

Bank to Bank Transfer (BBT):

1.You can transfer money from one bank to another.

Customer Credit Transfer (CCT):

1.Individuals or organizations can transfer money to other individuals or organizations in different banks.

2.Real-time transfers to accounts in other banks.

3.Transfers to Myanmar Economic Bank accounts for tax payments.

4.Digital banking (Mobile Banking) allows for transfers and transactions via the CBM-NET (Faster Payment) system.

Fees (CCT):

  • Commission: 3,000 Kyats
  • For amounts over 30 million Kyats: 0.01%
  • CBM-NET Fees: 500 Kyats