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Current Account

General Purpose of Account 

Current account will keep your money secure and help you manage your cash flow. 

Product Feature

  • Non-Interest-bearing Account 
  • Easy to open 
  • Objective of current account is to facilitate smooth payment & receive transactions for businesses. 
  • Able to link with other bank accounts 

General Customer Eligibility 

Individuals

Joints

Companies

Detail Description

Table Header Table Header
Type :
Current Account
Currency :
MMK
Interest Rate :
Nil
Operating Instrument :
Cheque book
Suitable for :
Current Accounts are for both businesses and individuals who require flexible fund management for payments and receives transactions.
Minimum Amount for Opening :
MMK 1,000
Minimum Ongoing Balance :
MMK 1,000
Document Required for Company Current Account Opening :
  • Application Form
  • Cover Letter with Company Letter Head
  • Meeting Minutes with Company Letter Head
  • Company License or DICA Registration Form
  • Company Extract
  • Copies of ID Cards (NRC/Passport) for only authorized signatory account holders
  • Letter of authorization with company letter head for third party inquiry balance, cheque collection, etc.