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Myanmar Branch

Myanmar's first Taiwanese bank; the optimal choice for cross-border financial services.

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About

Myanmar Branch

Since the establishment of Representative Office in Yangon, Myanmar, in July 2013, E.SUN Bank has made significant contributions to the economy and financial development of Myanmar. Recognized by the regulatory authority, the branch obtained its license in September 2016 and officially commenced operations in October, becoming the first Taiwanese bank to establish a presence in Myanmar. Under local laws and regulations, the branch is authorized to serve locally registered businesses, offering services such as deposits, remittances, letters of credit, financing, foreign exchange, and internet banking. By integrating of its platforms in the Asia-Pacific financial center, cross-strait regions, and ASEAN countries, the bank provides seamless cross-border financial services to its customers.

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Services

Announcement

  • According to the scope of business indicated in the license granted by the Central Bank of Myanmar, the branch is allowed to serve only corporate customers. The documents required for opening a corporate account are enumerated as follows: Account Opening Requirements for Corporate Entity

  • To remit funds to an account with E.SUN Bank Yangon Branch, please refer to the following remittance instructions: Payment Instruction

  • According to the requirements of the Central Bank of Myanmar, the remittance transactions(inbound and outbound) must be mentioned with the remittance category and the International Transactions Reporting System(ITRS) Code/FET Reporting Code in the Tag70 or Tag77B field of the telegram. The remittance category and ITRS Codes can be referred to the official website of the Central Bank of Myanmar: ITRS Code(FET Reporting Code)

  • For the service charges, please see the following documents: Service Charges

  • For the latest regulations, announcements, and official foreign exchange rate, please reach for the official website of the Central Bank of Myanmar: CBM Official Website

  • Customer feedback channel:
    E-mail: PR9133@esunbank.com
    Tel: +95-1-9345187 ext.124