A fast, easy and safe way to move your money around Myanmar and abroad!
We offer the local remittance services to all of our valued customers, with the best options. You can transfer money by using AGD Branches or truemoney, who are our international partner.
Using AGD Branches
Our customers can transfer money to all of our AGD Branches throughout the country. You can also send money to the other banks listed below:
- KBZ Bank
- AYA Bank
- MWD Bank
- GTB Bank
- MAB Bank
- CB Bank
- CHD Bank
- SMIDB Bank
- RDB Bank
- INNWA Bank
- SHWE Bank
Remittance Charges to AGD Bank’s branches
- The charges are defined as 0.05% of remitted amount plus 500 Kyats for using online or fax
- The minimum remittance charges shall be 100 kyats
Remittance Charges to Non-AGD banks
- The charges are 0.05% (or) 0.10% (or) 0.15% of the remitted amount based on the other banks defined charges
- Plus 500 Kyats for using online or fax
- The minimum remittance charges shall be defined by the other banks
International Remittance (SWIFT)
We can transfer the fund outside Myanmar to anywhere in the world easily and securely via the Swift Payment Network. The Swift international payment network is one of the largest messaging systems in the world, used by 9000+ banking institutions around the world.
Overseas Correspondent Banks
AGD Bank has been doing business with the following correspondent banks (through which remittances can be conducted to those accounts kept with AGD Bank):
- Punjab National Bank (PNB)
- Siam Commercial Bank (SCB)
- Other International Remittance
For more information, write to us at email@example.com or call 01 239 9333 and we will get back to you.
truemoney and AGD Bank have a strong working relationship that started in 2016. truemoney currently uses AGD Bank's agent facilities as well as our branches, totalling over 1,000 locations across Myanmar.
The one advantage of Mobile Money is that agents will offer services for money transfer in rural areas where no bank branches are located.
truemoney Myanmar provides a new payment solution with multiple services tailored to the needs of the community. The products of truemoney Myanmar are remittance, top-up and bill payment.
In addition, truemoney not only has branches in Myanmar but also in other ASEAN countries, such as Thailand, Cambodia, Indonesia and the Philippines.
Fund Transfer from Thailand
Funds can be transferred from the branches and its agent to the following institutions in Thailand:
- Kasikon Bank (K Bank)
truemoney Myanmar provides a new payment solution with multiple services tailored to the needs of the community. The products are remittance, top-up and bill payment. truemoney and AGD bank have had a strong working relationship since 2016. truemoney currently uses AGD Bank's agent facilities, as well as our branches, totalling over 1,000 locations across Myanmar. Even including rural areas with no banking services.
Funds can be transferred directly to beneficiary account with AGD Bank. In addition, the beneficiary can collect the cash from any AGD Bank branches. However, the beneficiary will need to bring all necessary identification documents and MTCN to receive the payment.
No charges will be incurred by the beneficiary. The beneficiary will receive the equivalent of remitted FCY amount in MMK as per the applicable exchange rate.