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Myanmar
| Type | Description |
|---|---|
| Direct to Bank Method |
Direct credit to bank account in Myanmar Kyat (MMK)
Supported sender type - Individual Supported beneficiary type – Individual |
| Transaction Turnaround Time |
Real-time: 24x7 (within 10 minutes)
Subjected to Singapore office timing and funds being received |
| Area availability | Myanmar nationwide |
| Validation / Verification | Real-time credit to account only check account number, name is ignored Amount received Beneficiary received net amount as specified by sender |
| Amount received | Beneficiary received net amount as specified by sender |
| Transaction Limit |
Maximum per transaction MMK 6,000,000.00
Minimum per transaction MMK 100.00 Compliance accumulated limit MMK 13,000,000.00 per day per beneficiary |
| Cancellation Process | Cancellation is on best effort basis |