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INTERNET BANKING

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INTERNET BANKING

Banking at your convenience anytime and anyplace with access to account services and cash management  finance all at your finger-tips.

General Purpose of Internet Banking

SHWE Bank’s Internet banking and mobile banking allows the SHWE Bank’s Account Holder to execute banking transaction, such as fund transfer, balance enquiries, mobile top-up, bill payment, etc anytime and anywhere using internet browser or mobile phone. SHWE Bank’s offer easy, safe and secure banking services to SHWE Bank’s account holder via internet and mobile banking app.

General Benefits to Customers

  • Efficient usability features by accessing any function with a single click
  • Easy to use, guided navigation and intuitive features, easy to use
  • Increase visibility, tracking cross-border payments end-to-end 
  • Receive notification instantaneously
  • Conveniently access your account anywhere 
  • Transactions are authorised and secured  
  • Approved transactions securely and conveniently with a digtal token

Internet Banking Types

Accounts

 

1. Saving Account

Saving account is an interest-bearing account for individuals, associations and companies who want to save and get interest. Deposits can be made between 1st to 5th day of a month and interest is calculated monthly at the end of a month on the lowest account balance. A competitive 8.5% per annum interest rate is credited quarterly into account holder’s account.

    • Interest: 7%
    • Provided: Saving Passbook, MPU Debit Card
    • Opening Balance: 1,000 MMK
    • Minimum Balance: 1,000 MMK

2. Call Account

    • Interest: 6%
    • No Interest under 10,000 MMK
    • Account Opening with 1,000 MMK

3. Current Account

Current account is a type of deposit account and also a non-interest-bearing account which the customers can use Cheques to make their payments and receivables. It is very suitable for regular business or financial transactions as a cheque book is provided to customers for their convenience.

 

    • Interest: Non-interest-bearing
    • Provided: Cheque Book

Deposit 

 

1. SHWE Prepaid Fixed Deposit For (120) Days Fixed Deposit

For Cash Only account holders

    • Above 5,000 Lakhs – 9.50% (p.a.)
    • Below 5,000 Lakhs – 9.25% (p.a.)

For those who open an account with Other Bank Transfer

    • Above 5,000 Lakhs – 8.50% (p.a.)
    • Less than 5,000 lakhs – 8.25% (p.a.)

For those who open an account with SHWE Bank (Internal) transfer

    • Above Lakhs 5,000 – 8.50% (p.a.)
    • Below 5,000 Lakhs – 8.25% (p.a.)

 

*For account holders, interest can be deducted immediately on the day of deposit*

2. Premium Call Deposit (Transfer Only)

 

  • Calculate interest on daily
  • Below 2,000 Lakhs – 6% (p.a.)
  • Between 2,000 Lakhs and 5,000 Lakhs – 7% (p.a.)
  • Above 5,000 Lakhs – 8% (p.a.)
  • Account Opening with 10,000 MMK .

3. SHWE Cash Call Deposit (Cash Only)

 

  • Interest: 9%
  • Account opening with 10,000 MMK

 

*SHWE Cash Call Deposit on a daily basis to calculate interest and add monthly interest to SHWE Cash Call Account.*

4. Fee and Limit

 

Customer Types Daily Limit Transaction Types Region Rate
Retail Customer
20,000,000/- MMK


Own Account Transfer



Internal Account Transfer



SkyNet-DTH
Same Branch
Same Region
Difference Region


Same Branch
Same Region
Difference Region



Free
200 MMK
0.05%


200 MMK
200 MMK
0.05%


50 MMK
Corporate Customer
50,000,000/- MMK



Own Account Transfer



Internal Account Transfer



Bulk Payment



SkyNet-DTH
Same Branch
Same Region
Difference Region


Same Branch
Same Region
Difference Region


Same Branch
Same Region
Difference Region



Free
0.01%
0.05%


300 MMK
0.01%
0.05%


200 MMK
200 MMK
200+0.05%


50 MMK

Fixed Deposit 

 

Fixed Deposit account is ideal for individual or joint together with two people and above. It is very suitable for people who has excess cash for period of time and withdrawal is only allowed at the end of the particular period. But SHWE Bank’s Fixed Deposits are popular among customers as the interest rates are competitive and can withdraw before designated period of time with nearest month’s interest rate. Fixed Periods and Interest rates Account.

  • 1 month – 7.25% pa
  • 3 months – 7.5% pa
  • 6 months – 7.75% pa
  • 9 months – 8% pa
  • 12 months – 8.25% pa

Internal Remittance

 

Customers can transfer funds from SHWE Bank’s branches to every part of the country where there are branches of linked-in local banks and vice versa. Beneficiaries are immediately informed of the arrival of transferred funds. Customers don’t have to pay extra remittance fees and charges using these services. The banks that SHWE Bank has linked-in services with are – CB Bank, Myanmar Apex Bank, Global Treasure Bank, United Amara Bank, Myawaddy Bank, Asia Green Development Bank, Myanmar Oriental Bank and Ayeyarwady Bank.

Loans

 

SHWE Bank provides 3 types of loans which are:

  • Normal Loans
  • Term Loans
  • Hire Purchase

 

*For more information, please contact SHWE Bank Call Center 09-765473290, 09-765473292.

Payment Order & Gift Cheque

 

Payment orders can be used for payment settlements to individual, company, associates and government organizations. It can be purchased at SHWE Bank branches. Customers can make a choice of purchasing SHWE Bank’s Gift Cheque of varying amounts from minimum 10,000 MMK to maximum 10,000,000 MMK.

Credit Cards


*Not Available*

SHWEBANK Internet Banking User Guide

Need help? Download SHWE Bank app user guide to get you started.