Online Bulk Payment

Online Bulk Payment

CB Bank’s Bulk Payments service can combine multiple payments into one batch. This can be done for regular payments such as wages, expenses, supplier payments and more. Once you have notified your interest in this service, CB Bank will help you set up bank account details of beneficiaries you want to pay, as well as the dates and amounts of payments.

Features and Benefits
  • Automate your payment
  • Less human errors
  • Payments will be made on the determined date of each payment
  • Integration with your ERP systems
  • Efficiency: Process reduction for your company’s operation
  • Service assurance: Fund transferred on time
Fees and Charges

Depend on the type of transactions. Please contact your Relationship Manager or contact us at corporatebanking@cbbank.com.mm
Requirements
  • NRC of the sender, account number and NRC of beneficiary.
  • Set the date and amount of payment for each beneficiary.