Training programs on AML/CFT are now being undertaken at the uab Training Center.
Our Anti-Money Laundering Policy and related procedures are designed to comply with all applicable laws and regulations related to money laundering, terrorist financing, financial crime, and international sanctions. The Policy applies to all units of the Bank and our subsidiary company irrespective of their location.
You can read our Anti-Money Laundering Policy here:
FX market updates:
Scam Awareness and Safety
Bank scams are a common way for criminals to gain access to personal and financial information of innocent people. Knowing what to look for and how to avoid scams is the best way for you to stay safe.
- Requesting customers personal information without providing proper context or justification.
- Asking OTP (One-Time Password) codes sent to your mobile phone
- Sending deceptive links via email, posing as legitimate financial inquiries, and asking for sensitive customer information or unauthorized money transfers.
- Luring individuals with false promises of jobs and lottery winnings, only to request money transfers into bank accounts.
- Deceptive schemes involving purported loan services.
Notice for Customers
Airport Foreign Currency counter
Travellers departing for overseas may obtain foreign currency note service from the Money Exchange Counter at the Yangon International Airport subject to the Foreign Exchange regulations.
A counter is presently shared and manned by a few banks each taking turns on a weekly basis. Travellers will be required to produce their Passport and boarding pass when doing the exchange.
Money Changer Rate
uab bank is a leading bank in Myanmar. Recognised for its successful transformation and leadership in the Myanmar banking sector amidst the regulatory changes and governance requirements, uab bank was named ‘Myanmar’s Best Bank’ by Euromoney for 3 consecutive years from 2019 to 2022. It was also named ‘Best Retail Bank Myanmar 2022’ by Retail Banker International and ‘Best Bank 2021’ by Global Finance.
Apart from the international recognition, uab bank received 1st place ranking at the 2020 Pwint Thit Sa Report published by Myanmar Center for Responsible Business together with ‘Best Companies to Work in Myanmar – Employees Choice’ by Jobnet.
Established in 2010, we are now serving our customers from a growing network of over 84 branches in 55 townships across Myanmar. uab provides a wide range of financial services including consumer banking, premier banking, SME banking, corporate banking, trade finance and treasury services. Through our subsidiary uab securities, we also provide brokerage services, corporate and financial advisory, investment banking and capital market activities.
At uab bank, we believe in leading the way towards a better Myanmar, humanising banking, connecting people, creating opportunities and changing lives. In December 2017, uab launched “Be The Change Myanmar” initiative that represents our commitment to driving change for a better Myanmar, specifically focusing on empowering women and children. We believe uab bank must operate responsibly and be committed to the community we are in and in 2020, uab Foundation was established.
uab bank is a leading bank in Myanmar. Recognised for its successful transformation and leadership in the Myanmar banking sector amidst the regulatory changes and governance requirements, uab bank was named ‘Myanmar’s Best Bank’ by Euromoney…
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