Myanmar Oriental Bank offers first Western Union service in Myanmar

The Western Union Company, a global leader in payments inked a partnership with Myanmar Oriental Bank, the leading domestic bank three months after countries led by the US, European Union and Australia decided to lift investment and trade bans against Myanmar.

This partnership has made Western Union to become the first global money transfer company operated in Myanmar. Via its authorized agent, Myanmar Oriental Bank, the Myanmar citizens able to receive money from their family and loved ones from around the world by Western Union Money Transfer Services. Over two million Myanmarese are estimated to be employed across Thailand, Malaysia, Singapore, Bangladesh, Japan, Korea, US, Europe and Australia.

The Managing Director and Senior Vice President, Western Union, Asia Pacific, Drina Yue delighted the speed with which Myanmar Oriental Bank and the Myanmar Central Bank facilitating economic change for their people. “We are extremely proud to be linked into Western Union’s impressive global network linking Myanmar to the rest of the world,” said Mya Than, Chairman of Myanmar Oriental Bank.

by Terry Brown

Author: VSDaily Editor

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6 Comments

  1. i want money transfer from China to Yangon in Myanmar.What things we need to give you? now i am in China , DongGuan . Yangon in Myanmar side what needs and in China my side what needs? I mean Yangon address, receiver name, phone number,NRC number..is it need?Please explain me detail..thanks

     
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  2. NRC or Passport (optional) , address of recipients , name , contact etc. when the person withdraw money, he/she have to bring passport or nric.

     
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  3. Can I transfer money from Germany . Is it possible to transfer to Us dollar account if I opened in your bank. If yes ,let me know what I should bring for opening US dollar account.

     
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  4. Why MOB is taking long time and giving too much forms to withdraw money?Why like this?

     
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  5. I live in Dubai UAE.I sent money from Western Union to MOB.Why they can’t give money immediately ?Why like this?

     
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  6. Suppose to be,If receiver can tell ID number,They have to give the money immediately?

     
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