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CURRENT ACCOUNTS

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CURRENT ACCOUNTS

Secure your savings at SHWE Bank to help you reach your goals in the most secured way.

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

Type

Current Account

Currency

MMK

Interest Rate

Nil

Operating Instrument

Cheque book

Suitable For

Current Accounts are for both businesses and individuals who require a flexible fund management for payments and receives transactions.

Minimum Amount for Opening

MMK1,000

Minimum Ongoing Balance

MMK1,000

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.

Interest Rates and Fees

Please see » Interest Rates and Fees