Menu

Key Information About Trade Financing Service

Trade financing service support businesses with Singapore, Indonesia, Malaysia, Thailand, China, and beyond, offering imports, exports, L/Cs, guarantees, collections, and payment solutions to help clients seize opportunities and stay competitive.

MAB SWIFT CODE – MMABMMMY

Available Services

package_2[1]
Export LC Advising
package_2[1]
Export LC Advising
move_down[1]
Import LC Issuing
move_down[1]
Import LC Issuing

Our trade finance services comprise of

Trade Product Service 16x9 2. psd copy

1. Export Financing Program

Exporter Type Exporter
Exporters Incoming Volume (USD Equivalent) Depends on the volume
Better Export Financing Interest Rate
(Pre-Shipment)
Up to 15%
Facility Fee Up to 1% Flat

  • Open Account Trade: Pre-shipment advance 60% to 80% of sales contract
  • Export LC Trade: Pre-shipment advance 80% to 90% of sales contract

  • Customer to channel export proceeds & require to sell foreign currencies to MAB to settle pre-export financing loan financed under “Better Export Financing Program”
  • MMK Financing amount should be calculated based on blended rate (35/65 blended rate)

  • We can receive L/C from our correspondent banks and advise it to exporters in Myanmar
  • Without any confirmation, we will collect advising commission of USD 30 only
  • Exporters need to open an account at MAB
Trade Product Service 16x9 . psd copy

2. Import Financing Program

Importer Type Importer
Importers Outgoing Volume
 (USD Equivalent) Depends on the volume
Import Financing Interest Rate
(Pre-Shipment)
Up to 15%
Facility Fee Up to 1% Flat

  • Sales Contract and other necessary required documents

To assist our customers to import goods from overseas, we are able either on our own or through our well connected oversea correspondents to issue Letter of Credit on behalf of our customers worldwide.

  • Customers need to open an account at MAB
  • Margin deposit is normally required

Want to Apply for any services?