About Current Account
For business transactions, this type of account is commonly used by business owners because it allows them to transfer payments via Cheque instead of using cash.
1,000 MMK
Initial deposit
1,000 MMK
Minimum Balance
No Interest
Interest Rate
Key Benefits
It is convenient and secure for managing payments and receivables.
You can deposit and withdraw money at any time without any limit, following the bank’s regulations.
You can transfer money from one account to another.
Digital Banking Services allow for easy transfers and transactions.
A Cheque book is provided for easy deposits and withdrawals instead of cash.
More Information
- No interest is earned.
- The initial deposit and minimum balance required is 1,000 Kyats.
- The account can be opened in various currencies: Myanmar Kyats, USD, EURO, THB, and SGD.
- You can open a savings account individually or jointly.
- A cheque book will be provided.
- Monthly bank statements will be issued.
For Individual and Joint Accounts:
- National Registration Card
- One passport-sized photo
For Company and Association Accounts:
- Company registration/license or association license
- DICA Company Extract (within 6 months)
- Company constitution/bylaws or association records
- Minutes of the board meeting and resolution to open the account
- National Registration Card and one passport-sized photo of the person authorized to operate the account