The Republic of the Union of Myanmar

Central Bank of Myanmar

Registration Template for Projected Repatriation Schedule of Principal

Procedures for presenting the Projected Repatriation Schedule of Principal

  • Non-resident Foreigner (NRF) downloads Registration Template for Projected Repatriation Schedule of Principal (PRSP) from the Central Bank of Myanmar website (www.cbm.gov.mm);
  • NRF fills in Part A and sends to a Securities Company;
  • The Securities Company conducts KYC/ CDD and endorses in Part B;
  • The Securities Company sends PRSP to an AD bank;
  • The AD Bank conducts KYC/ CDD and endorses in Part B.
  • The AD bank submits the registration template for PRSP with forwarding letter to the Central Bank of Myanmar, Foreign Exchange Management Department (email – [email protected]);
  • The Central Bank of Myanmar, Foreign Exchange Management Department will reply to NRF and AD Bank whether the PRSP is approved or disapproved;
  • The minimum investment period shall be at least 1 year.

Registration Template

 

MMK per USD - Date 18th October 2021

Reference Exchange Rate (CBM Auction Rate)

1820.0

MMK Exchange rate for other currencies are available here (forex.cbm.gov.mm)

Interest Rate(%)
Central Bank Rate 7%pa
Minimum Bank Deposit Rate 5%pa

Maximum Bank Lending Rate (Secured)

Maximum Bank Lending Rate (Unsecured)

10%pa

 

14.5%pa

Economic Indicators (%)
GDP Growth Rate
2019-2020 FY
3.20 %
Annual Rate of Inflation
(February 2021)
2.61 %
Year on Year Inflation
(February 2021)
1.51 %

    Source :

    Ministry of Planning, Finance and Industry