Interest will be calculated on the minimum balance within a month. The amount will be deposited to your savings account at the end of every three months.
FAQ
Interest rate higher than normal savings account and no fee will be charged upon using CB Youth Card, Mobile Banking Services, eAlert and eStatement.
- You can withdraw unlimited amounts of cash but limited to (frequency) withdrawal a month at CB Bank’s branches.
- Withdrawing at an ATM will be limited from 300,000 MMK per withdrawal up to 1,000,000 MMK a day.
Yes. Overall functionalities are similar but CB Youth MPU card can be opened for those between 16-22.
Initial deposit for new account opening is 1,000 MMK.
You can connect with Internet Banking. eStatement, eAlert can be subscribed by paying related fees.
- Interest will be calculated on tenure and your interest will be credited to your account.
- Interest will be calculated based on tenure and the interest calculation may be vary as bank’s policy, if withdrawn before maturity.
If the customers do not withdraw and fulfill the saving term of one year, the interest rate will be 10% and cash bonus will be presented at the maturity of the saving term.
For customers, who would like to withdraw earlier, please kindly contact and confirm the interest rate with us.
When certificate is lost, please immediately contact CB Bank to issue the copy of certificate at bank where you opened an account at the first place. Bank will charge 1,000 MMK for issuance of copy.
Wedding deposit is fixed savings for newlyweds with higher interest rate. Upon maturity date of the fixed savings certificate, cash bonus will be also presented.