WILL cooperate to legally obtain licenses and permits, integrate deposit/withdrawal services, manage money transfer services and foreign exchange, and provide cash disbursement services such as door-to-door home delivery and disbursement through agent-based services.
The MTB announced on 1 May that the signing ceremony was held at the MTB Head Office on Sule Road, Yangon, at the end of April. It was signed by U Win Lwin, CEO of the MTB, and U Htun Htun Lin, Managing Director of True Money, and witnessed by U Khin Pe Oo, CCO of the MTB and Daw Naw Thae Su Htoo, CBO of TrueMoney. — MT/ZN