Myanma Apex Bank (MAB)

MAB offers one of the most extensive nationwide branch and ATM networks. As new reforms, legislation and improved infrastructure lift barriers on personal banking, including cloud-based mobile banking. A few of its newest modern services include:

• Online banking and a mobile banking app
• Fully-guaranteed personal savings and checking accounts
• VISA and MASTER debit card services
• Western Union transfer services

MAB makes it easier for small and medium enterprises (SME’s) to obtain and manage financial capital. Some of these cutting-edge services include:

• Financing for large and small businesses
• POS services via the Myanmar Payment Union, Visa and MasterCard networks
• International and local remittances through an extensive network of domestic and foreign banks
• Secure Payment Orders for business-to-business or business-to-government payments

In recent years, Myanmar has emerged as a promising frontier economy for international investors, and MAB has proven itself as a trusted, transparent facilitator of foreign trade. It offers a complete suite of products and services, including:

• Foreign currency exchange
• Foreign currency accounts
• Import and export letters of credit (LCs)
• International transfers via Western Union, the SWIFT network and established money pipelines with partner banks worldwide
• Bank guarantees, including performance guarantee, tender guarantee and trade guarantee