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Foreigners (resident or non- resident) can start trading of listed stocks of YSX on 20th March 2020.
We are pleased to share E- brochure for foreign investors to get key insight for the process of a securities trading account opening in Myanmar.
If you are a foreigner, just follow three simply steps to get a foreign stock investment account in Myanmar.
Step (1) Choosing a securities company
Foreigner needs to visit a preferable securities company (as mentioned list at next page) and submit the application form to open securities trading account. The securities company, after verifying personal identification to check money laundering, terrorist financing and fraud etc., will issue a “Recommendation Letter” to the foreigner on the next business day which enable to open special bank accounts for securities trading in Myanmar.
Step (2) Opening a special bank account
Foreigner needs to bring the recommendation letter which was issued by the securities company to a designated local banks (please find the bank list at https://www.cbm.gov.mm/content/private-banks) and open special bank accounts for securities trading in Myanmar.
Step (3) Opening a securities trading account
After opening special bank accounts for securities trading at the bank, the securities company (which issued recommendation letter) will open a securities trading account as final step. (Note: A foreigner can only have one securities trading account in Myanmar.
Don’t miss your investment opportunity in Myanmar!
|4th June. 2020||YSX Brochure||– –|
|4th June. 2020||YSX Brochure for Foreign Investors||– –|