Terms and Conditions for “The Best Way for Seniors to Save for the Future KBZ Senior Care Savings Account”

  1. The campaign, where customers aged 60 years or older can open a KBZ Bank Senior Care Savings
    Account during the campaign period and receive a commemorative birthday gift, will take place
    from February 3, 2025, to March 31, 2025
  2. To participate in this Campaign, the Customer needs to be (60) years or older and opens Senior
    Care Savings Account, which is one of the KBZ Bank Savings Account type, during this Campaign
    period and deposits a minimum amount of Ten Thousand (100,000) Kyats to the Senior Care
    Savings Account.
  3. From the starting of the Campaign till the end of the Campaign, KBZ Bank will award Medical
    Check-up Coupon (or) nutritional supplements for senior people as commemorative birthday giftof
    the Senior Care – Savings Account Customer.
  4. During this Campaign, the first (40) birthday person who opened the new Senior Care Savings
    Account in February and first (60) birthday person who opened the new Senior Care Savings
    Account in March will be awarded the gifts mentioned in clause 3.
  5. During this Campaign, KBZ Bank’s Call Center will call the Senior Care – Savings Account
    Customer winners and make birthday wishes and then also inform them about collecting the gifts.
  6. Additionally, KBZ Bank will send the birthday wishes to the Senior Care – Savings Account
    Customer winners via Viber/SMS.
  7. KBZ Bank will not be held responsible for any defects in the gifts collected by the Senior Care –
    Savings Account Customer winners.
  8. The winner is not allowed to exchange, transfer or exchange the gifts as cash.
  9. During this Campaign period, KBZ Bank Customers will be entitled to enjoy benefits stated in these
    Terms and Conditions, which will expire at the end of this Campaign period.
  10. KBZ employees will never ask the participants of theCampaign about OTP, PIN, or KBZPay
    Account information.
  11. Customers are strictly forbidden to involve in any other form or manner of fraudulent activity during
    this Campaign. KBZ has the right to cancel and/or ban any Customer who is suspected to be
    involved in any form and/or manner of fraudulent activity.
  12. In the event of any dispute arising between KBZ Bank Customers and KBZ regarding this
    Campaign, such dispute will be examined carefully and finally resolved by the authorized officers
    of KBZ without any prejudice to the statutory rights of the Customer.
  13. KBZ, at any time, shall have the right to amend or cancel or terminate the Terms and Conditions
    and or Campaign and the benefits or features regarding this Campaign conditionally for some
    reasons without giving any notice.
  14. Customer acknowledges and agrees that there is no right to receive any compensation as a result
    of cancellation or termination of this Campaign for some reasons and/or variation to these Terms
    and Conditions without giving any notice.
  15. All normal KBZ Bank Terms and Conditions and the Terms apply.
  16. These Terms and Conditions shall be governed by and construed in accordance with the laws of
    the Republic of the Union of Myanmar.
  17. KBZ reserves the right to revise initiatives introduced in response to COVID-19 and natural
    disasters or force majeure events at any time, as the situation evolves. KBZ will not be liable to the
    Customer or any other party or be considered in breach of these Terms and Conditions for a failure
    to perform, or delay in performing, any such obligation set out in these Terms and Conditions while
    those circumstances continue.
  18. These Terms and Conditions are made in both English and Myanmar and both versions shall be
    equally authentic and effective. In case of any discrepancy between the two versions, the Myanmar
    version shall prevail.