Published February 09, 2012
Burmese banks launch overseas exchange services
Four private banks in Myanmar are launching money exchange services in three ASEAN countries, creating secured channels for remittances from Thailand, Malaysia and Singapore.
Four private banks in Myanmar, including Cooperative Bank, Kanbawza Bank, Asian Green Development Bank and Ayeyawaddy Bank, will start offering money exchange services in Thailand, Malaysia and Singapore in February 2012. The launch of these services is significant for overseas Burmese, who will now...