Current Deposit Account

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With two introducer (must be account holders of the bank) the following accounts may be opened; individual account, joint account, corporate account (Private, Company, Corporations, Shopping Centers.) for every current account a cheque book will be delivered.

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All transactions, deposits, withdrawals and transfers can be operated from or to any Myawaddy Bank branches. If the transactions are within the same zone service will be free of charge, if it is the different zone service charges may be the same as remittance fees.

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For every deposits or withdrawals cheque must be presented to the bank duly signed by the account holder.

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In the advent of insufficient funds current account may be linked to saving account or call account by using Auto Link System in such case customer must give a standing instruction to the bank authorizing to do so.

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By way of clearing system other banks cheques can be deposited to Myawaddy bank Account or Myawaddy bank cheque can be deposited to other bank account.

 

Initial deposit Ks-5,000/-
Special Current Deposit (Cash Only) ks – 100,000/-
Minimum Balance  Ks – 1,000/-

Advantages

  • Although current account is not an interest bearing account but it can be linked to other interest bearing accounts like saving account, card account and call deposit account and interest can be collected from these accounts.
  • All transaction can be made irrespective of amount or the frequency of the number of transactions.
  • No need to carry large amount of cash all settlement can be done by cheque.

Corporate Banking

  • Trade Services
  • Cash Management
  • Fund Transfers
  • FX Services
  • Corporate

Personal Banking

  • Deposit Products
  • Lending Products
  • Remittance
  • Card Payment
  • Others Services

Contact Us

 

Phone - (+95)(01) 2301367, 2301368, 2301452, 2301378, 2301401, 2301410, 2301406

Fax - (+95)(01) 2301395, 2301450, 2301402, 2301422, 2301423

Address - No(151), 8 Quarter, the corner of Bogyoke Aung San Street & War Dan Street, Lanmadaw Township, Yangon.