Foreign Currency Services

GTB is engaged in foreign banking activities with the authorized dealer license and money changer license granted by CBM by opening Nostro Account with correspondent banks as follows;

          (1) Punjab National Bank (formal-United Bank of India)

          (2) Krung Thai Bank (Thailand)

          (3) Kasikorn Bank (Thailand)

          (4) Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietnam)

Establishing RMA (Relationship Management Application) with five foreign banks. As follows;

          (1) BIDV (Bank for Investment and Development of Vietnam)

          (2) ICBC (Industrial and Commercial Bank of China)

          (3) Shinhan Bank (Korea)

          (4) Busan Bank

          (5) P.T Bank JTRUST Indonesia

GTB is carrying out export/import services, bank guarantee service, trade financing and cross border business. Currently contact is being made with Punjab National Bank from India to be able to carry out India-Myanmar cross border activities. In this regard, Special Rupee Vostro Account (SRVA), a new trade mechanism to settle international trade in Rupees has already been opened.

Global Treasure Bank operates 22 Money Changer Counters in strategic areas are as follows;

           1. Yangon head office

           2. Sawbwargyigon

           3. ShweBonTha

           4. Mandalay-Yadanabon Diamond Plaza

           5. Mandalay 26th Street

           6. Mandalay SaiTan bank

           7. Naypyitaw (Union Territory)

           8. ShweBo (Sagaing Region)

           9. Kalay (Sagaing Region)

           10. Monywa, (Sagaing Region)

           11. Katha (Sagaing Region)

           12. Tamu, (Sagaing Region)

           13. Mawlamyaing-1

           14. Mawlamyaing-ZayKyo

           15. Kawthaung

           16. Pyay Township

           17. Maungmakan

           18. Dawei

           19. Myawaddy

           20. Muse

           21. Maung Taw (Rakhine)

           22. Thandwe (Rakhine)

On 26th October in 2023, The Central Bank of Myanmar granted GTB as a Designated Bank to exchange Baht into Kyat and vice versa for bilateral trading between Thai and Myanmar as well as to exchange Yuan into Kyat and vice versa for bilateral trading between China and Myanmar. And on 31st July 2024 the same procedure was granted to exchange Rupee into Kyat and vice versa. GTB would like to make it known to the importers/ exporters that we are now offering the said currencies exchange services to facilitate their border trade activities with China, Thailand and India.

GTB’s Role in Flood Relief

In accord with the motto, GTB’s role in flood relief” GTB has been contributing donation towards the flood victims caused by Typhoon” Yagi”. In this regard, GTB staff visited the flood-affected areas in NayPyiTaw, Tatkon and Pyinmana in Nay Pyi Taw Region; Tada-Oo in Mandalay Region; and Taungoo and Swar in Bago Region and provided money, food, purified drinking water, clothes and other materials in need. Therefore, our employees monthly contribute Kyats 3,000 at least from their salary to implement the above stated objectives. Their donations in 2023-2024 was Kyat 91.5 million and 772.8 million kyats in total.

Financial Service Partner Banks

Global Treasure Bank, in cooperation concerning in remittance with 12 private banking institutions namely Myanmar Oriental Bank, Myawaddy Bank, Rural Development Bank, Yangon City Bank, United Amara Bank, NayPyiTaw Development Bank, Construction, Housing & Infrastructure Development Bank, Myanma Microfinance Bank, Shwe (Rural and Urban Development) Bank, Ayeyarwaddy Farmers Development Bank, Myanmar Citizens Bank and Innwa Bank to provide domestic money transactions services. The cooperation can facilitate banking operations as a financial services partner to offer remittance services. Global Treasure Bank is a reliable and secured financial partner for the country’s growing business. The bank is committed to developing and maintaining a long term partnership with other financial institutions to grow trade finance transactions, money transfer services and international banking services.