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Card Acceptance Service POS (EDC)

Jumpstart your business with SHWE Bank’s POS, Ecommerce & Corporate Credit Card.

General Purpose of Account

Shwe Bank Points of Sales (POS) is the best choice for businesses which tend to reduce amount of cash usage and accept card payments for the goods they sold or for the services they offered.

General Customer Eligibility

  • Individuals 
  • Companies

Consumer Savings Account Types


Point Of Sales (POS)



Suitable For

Shwe Bank POS service is the most suitable for retail, hospitality and service businesses which would like to offer safe, secure and quick payment experience to today’s buyers.

Payment Terms

Transaction day +1

Operating Instrument

POS machine along with the collection current account.

Initial Set Up Fees 


Maintenance Fees


Document Required for 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.
  • Photos of the shop

Interest Rates and Fees

Please see » Interest Rates and Fees