The Current Accounts can be opened for eligible person/persons and organizations/agencies. With a starting deposit of a minimum 1,000 Kyats, you can instantly use your Current Account and draw cheques to make payment instead of using cash. You will also be able to make withdrawals at any of our branches nationwide without limitation in cash amount and number of times.
Your Account and Chequebook
The Current Account is non-interest bearing and it comes with a chequebook – you can write a cheque whenever and wherever it’s convenient. KBZ bank issues two types of cheques, which are Bearer Cheque and Order Cheque. The account holder can request a certain type of cheque book that will suit the purpose of use. A statement will be sent to you at the end of every month so that the account holder can see the transaction movements.
Benefits
• Unlimited amount and frequency of deposits and withdrawals
• Auto link system with Savings Deposit Account allows the account holders to withdraw money from Savings Deposit Account by using cheque
• Cheques make money transactions easier for people
• Current Account holders have privilege to apply for Safe Deposit Locker for their valuables
• Fast deposits and withdrawals time by using KBZ Online system
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