• Business Banking
  • Funds Transfers
  • Account to Account Transfer

Account to Account Transfer
Same Branch - Without Fee

  • Account to account transfer service is provided, i.e. from the deposit account of one branch to the deposit account of another branch or to other accounts.

1. Account to Account Fund Transfer

  • 1.1 Anyone can transfer Myanmar currency (Kyats) for transfer.
  • 1.2 This transfer can be send between CB bank branches and other linked Banks for domestic transfer.
  • 1.3 It needs to provide name, ID number, and Transfer account number of both sender and receiver as complete.

2. Transfer Rate

  • 2.1 At present service rate are defined MMK 0.05 for transfer MMK 100 and added MMK 500 to any statement for Fax using.
  • 2.2 Transfer rate is defined at least MMK 150. No limit on transfer amount.
  • 2.3 We should get special transfer rate for Special restricted area as occasionally.
  • 2.4 Minimum transfer fee is MMK 150 transferred amount is unlimited.
  • 2.5 The charges will be collected for special regions from time to time.

3. Confindentaililty

  • Bank secretes all data of concern with domestic transfer. All of Bank-Staff signed and contracted to obey for rule and regulations of secrete as their employment-time.

4. Standing Instructions

You should give the standing instructions to Bank for performing as following articles on behalf of you.

  • A. Bank provides auto-transfer encashment to customer’s favourite account.
  • B. Transfer account should be as the receiver account of you.

5. Alteration and Cancellation

  • 5.1 If you wish to correct an error statement, the person should come to us with a receipt together.
  • 5.2 The person should pay the service charge of alteration and cancellation which is defined by bank as occasionally.
  • 5.3 We provide to sender when he wishes to accept the transfer again as unreasonable condition.

6. Alterations of Terms and Conditions

Board of directors of CB Bank has the authority to add, repeal or to amend these terms and conditions from time to time. The amendments will be made to be known by sticking them on the bank advertising board.