MAB Bank Offers 10,000 Kyat Cash Gift to Western Union Transfer Recipients

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From January 24 to March 4, 2022, anyone who withdraws a money transfer of 500,000 kyats or more at a Myanma Apex Bank (MAB) branch will receive an instant cash gift of 10,000 kyats, the bank has announced.

MAB Bank Western Union cash gift promotion announcement

International money transfers made via Western Union through MAB come with the following features:

  1. No limit on the amount that can be withdrawn
  2. Fast international money transfers
  3. No need to open a bank account
  4. No advance registration required — withdrawals can be made directly at MAB branches, making the process more convenient

Myanma Apex Bank (MAB) was established on July 2, 2010, and opened its first branch in Nay Pyi Taw on August 17, 2010.

To support trade development and investment across Myanmar, and to serve its growing customer base through an extensive branch network, MAB continues to open new branches regularly. Thanks to its quality services, reliable operations, customer satisfaction, and growing public trust, customer deposits at MAB have increased significantly since it opened.

The bank has invested extensively in technology and human resources to support long-term growth and to stay ahead amid growing competition.

MAB employs many experienced professionals, both local and international, across its domestic and international banking operations.

On the domestic banking side, the bank offers a full range of deposit products, loans for small and large businesses, overdraft facilities, and hire purchase services, along with a reliable and extensive ATM and POS network via the Myanmar Payment Union (MPU). On the international banking side, it provides foreign trade financial services, Western Union money transfer services that can send money worldwide, VISA and Mastercard payment services usable internationally, as well as gift cheques, money orders, and other services.

FAQ

Q: Who is eligible for the 10,000 kyat cash gift?
A: Anyone withdrawing a Western Union money transfer of 500,000 kyats or more at an MAB branch between January 24 and March 4, 2022.

Q: Do I need an MAB bank account to receive a Western Union transfer?
A: No. MAB states that no bank account or advance registration is required to withdraw a Western Union transfer at its branches.