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Trade Finance

Import
(1) Import Letter of Credit (At Sight/ Usance)

(2) Import Bill under LC

(3) Import Bill under Collection (DP/DA)

 

1 (a) Import Financing

(1) Credit Facilities Service

(2) Usance Payable At Sight (UPAS)

 

Export  

(1) Export Letter of Credit Advising

(2) Export Bill under LC

(3) Export Bill under Collection (DP/DA)

     

2.(a) Export Financing

(1) Pre-shipment Financing (Packing Credit)

(2) Post-shipment Financing

 

Bank Guarantee

  • Bid Bond/Tender Bank Guarantee
  • Performance Bank Guarantee
  • Advance Payment Guarantee
  • Counter Bank Guarantee
  • Shipping Guarantee
  • Stand by LC (SBLC)

 

Ayeyarwaddy Farmers Development Bank (A bank)
Correspondent Banks List
No

Bank Name

SWIFT CODE Currency

Country Name

1. United Bank of India UTBIINBB USD, EUR India
2. Oversea-Chinese Banking Corporation Ltd. OCBCSGSG USD, SGD Singapore
3. Kasikorn Bank Public Company Ltd. KASITHBK USD, EUR, THB Thailand
4. Malayan Banking Berhad MBBEMMMY

USD

Myanmar
5. Kanbawza Bank KBZBMMMY USD Myanmar
6. Ayeyarwaddy Bank AYABMMMY USD, EUR Myanmar
7. Co-operative Bank Limited CPOBMMMY USD Myanmar
8. Yoma Bank Limited YOMAMMMY USD Myanmar
9. Asia Green Development Bank Limited AGDBMMMY USD Myanmar
10. Shwe Bank SRUDMMMY USD Myanmar
11. United Amara Bank UABMMMMY USD Myanmar
12. ShinHan Bank SHBKMMMY USD Myanmar
 Standing with you Business Banking
CURRENT ACCOUNT

Suitable for companies, business, organization and enterpreneurs.

SAVINGS DEPOSIT ACCOUNT

An annual interest rate of 8.7 % is offered.

FIXED DEPOSIT ACCOUNT

10 % interest for 1year deposit.

CALL DEPOSIT ACCOUNT

An annual interest rate of 6% per annum for 10 million MMK and above and 4% per annum for 10 million MMK under

LOANS

Overdraft Agricultural / Livestock breeding loans, Hire / Purchase Medium-term/Long-term loans and Project loans.

SAFE DEPOSIT

Gold and silver wares and important documents can be kept in our lockers.

INTERNAL REMITTANCE

We can offer a more convenient and faster remittance to owns were there are their branch banks.

Payment Order

Commission is collected pyas 10 for K 100, and the commission ranges from K 100 to K 30,000.