SCBM can be provided 2 types of services for local currency as follow:
Domestic Inward Remittance
SCBM provides customer with inward remittance service via CBM – Net to accommodate their payments for good and services.
Domestic Outward Remittance
SCBM offers outward remittance service via CBM – Net by follows customer’s instructions in making payment to other banks in Myanmar. SCBM can be provided in single payment or bulk payment to process multiple transactions at a time using just one instruction
The customer can request for the transfer service over the counter at branch—SCBM account to another account with other banks in Myanmar.
When SCBM received any payments, we inform the customers and deposit the funds into their account.
via CBM – Net