MoneyGram and Myanmar Citizens Bank (MCB), have announced an agreement to provide money transfer send services at every MCB bank location in Myanmar. According to a statement, consumers can send money from 42 branches to any MoneyGram location in more than 200 countries and territories worldwide.
In celebration of the new agreement, MoneyGram is offering a price promotion of 23,990 MMK to those who complete money transfer send services from Myanmar, and a chance to win a MoneyGram power bank. The current offer is valid until May 31st, 2019.
“For many years, Myanmar people have trusted MoneyGram when they need to receive money sent from family and friends living and working in other countries. Today, we are pleased to offer in Myanmar, a new, convenient service that allows them to send money to their loved ones abroad as well,” said Mr Sukesh Malliah, MoneyGram’s head of operations in Myanmar, the Sub-continent, and Southeast Asia.
According to the World Bank, over $420 million in remittances were sent from Myanmar to foreign countries in 2017. Most of those funds went to Thailand, China, and the U.S.A.