• Personal 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 bank to the deposit account of another branch bank or to other accounts.

1. Account to Account Transfer

  • 1.1 Anyone can transfer Myanmar currency (MMK, Kyats) for transfer.
  • 1.2 This transfer can 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 Fee Rate

  • 2.1 At present service rate is 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 transfer amount is unlimited.
  • 2.5 The charges will be collected for special regions from time to time.

3. Confindentiality

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

4. Standing Instructions

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

  • (a) Bank provides auto-transfer encashment to customer’s favourite account.
  • (b) Transfer account should be receiver account.

5. Alteration and Cancelation

  • 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 correction and rejection which defined by bank as occasionally.
  • 5.3 We provide to sender when he wish to accept the transfer again as unreasonable condition.

6. Amendments to Terms and Conditions

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