Jan 25, 2013

Seven Bank to offer remittances to Myanmar

even Bank has announced it will start remittance services to Myanmar on Feb. 1.

The bank, affiliated with Japanese retail giant Seven & i Holdings Co., already offers such services in about 200 countries and regions.

Under the service for Myanmar, up to 500,000 yen can be sent for each transfer through the bank's 17,000 automated teller machines installed in Japan, Seven Bank said Wednesday.

The money can be received in the Myanmar currency, kyat, at about 155 local bases of Seven Bank's U.S. partner Western Union.

Noting that about 8,000 Myanmar nationals live in Japan, Seven Bank officials said it hopes to better serve them.

Source: Daily Yomiuri Online


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