Saving Account
Frequently Asked Questions
Saving deposit holder can enjoy monthly interest while saving money.
- Individual Account(18 Years & above Myanmar national)
- Joint Account (18 Years & above Myanmar national)
- Joint Account_Minor (with a legal Guardian 18 Years & above)
- Commercial (Registered business in Myanmar)
- Association (Registered in Myanmar)
- Main Applicant NRC (18 Years & above )
- Joint Applicant NRC (18 Years & above )
- Birth Certificate and Household Registration (For Minor Account)
- Business-related documents
- Associations-related documents
- DICA Registration (Certificate of Incorporation and DICA Extracts)
- Business License (If Available)
- Board of Director’s Resolution/Meeting Minute
- Specimen Signature of Account Holders
- Association Registration Certificate
- 2 introducers
- Cover letter to open bank account singed by licenseelicensee.
- Meeting Minute and Authorize Signatories
- 5.00% p.a (Between 5,000/- and 50,000,000/-) MMK
- 6.00% p.a (Above 50,000,000/-) MMK
- Minmum Balance – 5,000/- MMK
- Intial Deposit – 10,000/- MMK
Interest is calculated monthly on the minimum balance between 5th and end of each month. Interest is compounded at the end of December, March, June and September.
Foreigners are not allowed to open a current account.
Free Linkage for Debit Card
Foreign currency account is not available at the moment.
Please leave your detail at “link button” so that FDB team can contact you for more detail.