Sending money to Myanmar via SingPost
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
SINGAPORE Post Limited (SingPost) has become the world's first postal service provider to offer bank bilateral remittance services with Myanmar, after its launch of a new remittance corridor to the South-east Asian country yesterday.
SingPost has partnered four commercial banks in Myanmar in this venture - Asia Green Development Bank (AGD Bank), Cooperative Bank (CB Bank), Kanbawza Bank (KBZ Bank) and Tun Foundation Bank (TFB).
SingPost will offer fund transfers from Singapore to Myanmar via its Cashome remittance service available at all its post offices.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
