This is a non-interest-bearing account. Current account comes with a cheque book. The Account Holder can make payment by writing cheque in favor of the payee (beneficiary).
- Payments become easier with cheque when there is no need to carry cash around.
- Payments via cheque can be stopped if necessary.
Stamp duty fee – 250 MMK per cheque book
*Note: This account is non-interest-bearing account
- No opening account fees
- 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
| Minimum initial deposit | : | 1,000 MMK |
| Minimum balance | : | 1,000 MMK |
- Memorandum of Association and Article of Association
- Company registration certificate
- Business licenses
- List and names of board of directors
- Board of directors meeting records and resolutions to open the account
- Names of individuals who will make transactions for and on behalf of the company and their specimen signatures
- Company stamps
Visit your nearest CB Bank branch with the above required documents.
Initial Deposit for opening new account is 1,000 MMK.
Current account is a non-interest bearing account.
Current account can be connected with Mobile Banking and Internet Banking. eStatement, eAlert can be subscribed for by paying related charges.
You can withdraw from the account by writing a cheque.
When you lost cheque book, you would need to contact to CB Bank branches where you first opened this account immediately to cancel the cheques. A new cheque book can be applied for and re-issued for a replacement charge of 2,000 MMK.
There is no limitation on withdrawal, as you can withdraw in part or in full up to the total credit balance in the Account by writing a cheque or presenting a cash cheque over the bank’s counters.