Current Account

Current Account

A non-interest-bearing transaction account that comes with a cheque book. You can make easier payment by writing cheque

Features and Benefits
  • Payments become easier with cheque when there is no need to carry cash around.
  • Payments can be stopped if necessary.
  • No limit on daily transactions and amount
Rates and Fees
  • No monthly service fees
  • Stamp duty fee –250 MMK per cheque book
  • Account maintenance Fees: 1500 MMK  - If the account has had no deposit or withdrawal activity (other than posting interest) for a period of one year
Requirement

Minimum Initial Deposit – 1,000 MMK

Minimum Balance – 1,000 MMK

Eligibility
  • Must be Myanmar nationality
  • Over 18 years old
Required Documents
  • National Registration Card
FAQs
What is the Initial Deposit for opening new account?

Initial Deposit for opening new account is 1,000 MMK.

Will I earn interest upon opening current account?

Current account is a non-interest bearing account.

Can I subscribe to Mobile or Internet Banking services with this account?

Current account can be connected with Mobile Banking and Internet Banking. eStatement, eAlert can be subscribed for by paying related charges.

How can I make a withdrawal?

Customers can withdraw with cheque.

When I lost my cheque book, what can I do?

When customers lost cheque book, please contact immediately to CB Bank branches where you opened this account. We will issue new cheque book after charging 2,000 MMK.

Is there a limitation on withdrawal and can I make withdrawal by representative?

There is no limitation for withdrawal.

Can I add someone to my account?
  • Yes, if you wish to add someone or more to your account, the account will become a joint account. Everyone whose name is on a joint account can make deposit, withdrawal and view the account.
  • Joint account can be applied at every branch with NRC of the account holders. A visit to nearest branches in person is a must.
Can I subscribe to Mobile or Internet Banking services with this account?

You can connect with Mobile Banking and Internet Banking. eStatement, eAlert can be subscribed by paying related fees.