United Overseas Bank Limited, Yangon Branch SWIFT/BIC code

United Overseas Bank Limited, Yangon Branch SWIFT code: UOVBMMMY

The short code UOVBMMMY and the 11-character code UOVBMMMYXXX refer to one and the same institution: United Overseas Bank Limited, Yangon Branch. A SWIFT code tells the banks handling a payment which institution should receive the money. You will need it mainly for transfers between countries.

On this page you will find how the code is put together, when it matters and which other details a transfer to or from United Overseas Bank Limited, Yangon Branch requires. A SWIFT code identifies an institution, not a specific account, which is why you always need the account number too.

Getting paid from abroad into a United Overseas Bank Limited, Yangon Branch account

For an international payment at United Overseas Bank Limited, Yangon Branch, the sender needs not just the SWIFT code. That means: your full name as registered with United Overseas Bank Limited, Yangon Branch, your account number or IBAN, the BIC UOVBMMMYXXX (or UOVBMMMY) and, often, your address.

Certain banks want the name and address of United Overseas Bank Limited, Yangon Branch in Yangon. A typo in your account number can be harder to fix than it looks; copy them from your banking app rather than typing.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Charges on incoming payments differ from bank to bank; check the price list of United Overseas Bank Limited, Yangon Branch. On invoices, you can state who bears the costs.

Changed bank details? Be careful

One of the most common tricks works like this: an email arrives with a message saying that a company now has a new bank account and that the next payment should go there. A correct SWIFT code says nothing about who owns the account – scammers simply use real codes.

Verify changed payment details via a different channel like a call to a number from an earlier contract, not by replying to the message. Pressure or requests to keep it quiet are warning signs – a real supplier can wait a day. Acted too fast? Call your bank without delay and have them try to recall the payment.

People receiving money can be targeted as well: one known trick is an overpayment followed by a request to send back the difference. A screenshot of a transfer is no proof.

Which of the 2 codes of United Overseas Bank Limited, Yangon Branch do you need?

United Overseas Bank Limited, Yangon Branch has 2 different SWIFT/BIC codes across 1 cities. One of them is the head office code, UOVBMMMYXXX; the others belong to branches, and sometimes internal departments.

In most cases you do not need to pick a branch: transfers sent to UOVBMMMYXXX reach United Overseas Bank Limited, Yangon Branch correctly. If you have been given a specific code, use it as it is rather than replacing it with the head office code.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes are more prone to be retired than UOVBMMMYXXX.

When will the money arrive at United Overseas Bank Limited, Yangon Branch?

There is no fixed delivery time for international payments: some arrive the same day or the next. Weekends and public holidays in either country add a day or more, since banks do not process on those days. Occasionally a bank wants to know what the payment is for before releasing it.

A growing number of banks use SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Specialist transfer services often show tracking in their app showing how far the money is.

The bank that sent the money is able to start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, you can check your account to see a partial amount because fees can reduce the amount.

What the XXX in UOVBMMMYXXX means

A BIC is made up of a few fixed parts: the first four letters identify the bank, the next two show the country and the two after that indicate the location. Combined, those parts make up UOVBMMMY – the version you usually see online.

XXX at the end of UOVBMMMYXXX is not a placeholder or an error: it indicates the head office of United Overseas Bank Limited, Yangon Branch. Some forms insist on 11 characters, in which case you simply add XXX after UOVBMMMY.

In practice the code is written in capitals and without spaces. A wrong letter may route a payment to another bank, so check it twice.

Before you send: check the United Overseas Bank Limited, Yangon Branch code

Ask the recipient to copy the account details straight from a recent statement. When the code you were given differs from UOVBMMMY or UOVBMMMYXXX, do not guess – contact the recipient or United Overseas Bank Limited, Yangon Branch.

Errors in the SWIFT code are costly more than fatal. An error in the IBAN or account number can be more serious because it can reach the wrong person.

Most online banking apps check the structure of an IBAN – that confirms the format, not the owner. Some banks now check the payee name against the account before you confirm – do not ignore a mismatch warning. For a first payment, many people send a small test amount before sending the rest.

About this information

The directory on GoldexPay is based on publicly available sources and we update it periodically. Even so, banks merge or retire codes and our data may lag behind. The figures on this page reflect our own data and not on information from United Overseas Bank Limited, Yangon Branch itself.

See the information here as a handy check. GoldexPay is an independent comparison site for money transfers and not affiliated with United Overseas Bank Limited, Yangon Branch. If you notice something that is out of date, we welcome a short note via the contact page.

Paying someone abroad from your United Overseas Bank Limited, Yangon Branch account

When you send money to another country from United Overseas Bank Limited, Yangon Branch, the fee you see is rarely all of the cost. On top of the transfer fee, correspondent or intermediary banks can take a cut, and when the money changes currency the bank often uses a rate that is less favourable than the actual market rate.

The markup on the rate is often the largest item because it is hidden in the rate. A simple test: set the bank’s rate next to the mid-market rate and work out the difference on your amount.

For a lot of currency pairs, a specialist provider turns out to be cheaper than a bank. Next time you send money, take a minute to compare what arrives on GoldexPay instead of going straight to your bank. You can still use your account at United Overseas Bank Limited, Yangon Branch as the source of the money, while a cheaper service handles the conversion.