Foreign Currency Account
Current Account (Foreign Currency)
Current Account is suitable for local and international companies, employees of INGO, NGOs, travelling internationally for studies or hospitalizing, sailors and foreigners.
Eligible currencies for account creation
- USA (USD)
- Europe (EURO)
- Singapore(SGD)
International transfers
Receive international money transfers directly into this account.
For foreigners, KBZ can transfer directly to bank accounts in your respective countries
Cheque services
Pay, transfer and clear by cheque in services that needed payment by foreign currencies
Only designated account holders are allowed to sing the cheque
Statements
All account holders receive an official statement
Transfers
Able to pay with by name to the person who you want to pay using XXXXX
Bank services
Able to recieve bank services of special xxxxxx
Interest
A current account (foreign) is not eligible for interest
Withdrawal and deposit
Able to withdraw amount of 5000 maximum, per cheque (twice a week)*
*This term can be changed depending on the orders/terms of the Central Bank Myanmar)
Initial Deposit
100 (USD, EURO, SGD)
(Need to show source of income if deposit is over 10,000)
Minimum Balance
20 (USD, EURO, SGD)
Why choose this Account?
International Network
You can withdraw money or transfer funds at any of KBZ branches nationwide
Multi Currency
Open an account in the currency of your choosing (USD, SGD, Euro)
Withdrawals
Make daily withdrawals of up to $5000
Online banking
Get access to all of KBZ latest online banking services