EXCHANGE RATES 11/16/2018
USD BUY 1582 SELL 1591
SGD BUY 1146 SELL 1153
THB BUY 47.6 SELL 48.4
EUR BUY 1760 SELL 1790
EXCHANGE RATES     11/16/2018
USD BUY 1582 SELL 1591
SGD BUY 1146 SELL 1153
EUR BUY 1760 SELL 1790
THB BUY 47.6 SELL 48.4

Saving Deposit Account

Eligible individuals and organizations can watch their money grow with the KBZ Savings Deposit Account.

Passbook

You will be issued with a passbook upon successful opening of an account.

Co-accounting

You can open an individual account or co-account with another person.

You can withdraw money through a representative (only at the bank the account was opened)

Interest

Annual interest rate of 8%.

The deposit account with 10,000 Kyats and above are subject to 8% interest

Interest can be withdrawn quarterly

If no interest is withdrawn during each quarter, the interest is added to your account

Withdrawals

The account holder can make withdrawals at any KBZ branch.

Deposit unlimited times during bank opening hours.

Withdraw unlimited funds once a week.

Transfers

Money can be easily transferred from any KBZ branch directly to anyone with an account.

Transfer money directly into your savings account from overseas.

Loans

Apply for a loan using your savings account as insurance

Online banking

Get access to all of KBZs latest online banking services

Initial Deposit

1,000 MMK

Minimum Balance

1,000 MMK

Interest Rate

8%

(Per year)

Deposit dates to be eligible for interest

1st – 5th

(Every month)

Interest Withdrawal Months

End of March, June, Sep, Dec

Why choose this Saving Deposit Account?

High Interest rate

Watch your savings grow with us with an annual interest rate of 8%

Take out a loan

Using your savings account as insurance we can help you take out a KBZ loan

International transfers

Receive money to and from loved ones overseas

Online banking

Get access to all of KBZs latest online banking services

Required Documents

NRC ID card(original/copy)

Want to open this account?

Contact us today

Call us now

and speak to one of our advisors

(+95) 1-538075

Apply in branch

Find your nearest KBZ branch and
come and talk to one of our advisors in person

You might also be interested in

NEWSKBZ Bank wins prestigious ‘Mobile Banking Initiative of the Year’ in the ABF Retail Banking Awards 2018

KBZ Bank, Myanmar’s largest privately-owned bank, was awarded the highly sought after ‘Mobile

NEWSKBZ Bank Ltd, a leading bank of Myanmar hosted an Information and Technology Update Refreshment Program

( Yangon, 10th Aug 2018 ) - From 29th May to 1st June 2018, KBZ Bank Ltd, a leading bank of Myanmar

NEWSMemorandum of Understanding between Cathay United Bank and Kanbawza Bank Limited

We are excited to announce the Memorandum of Understanding signing ceremony renewal with Cathay

NEWSKBZ Bank announces partnership with Huawei to offer greater financial access to all

KBZ Bank, Myanmar’s largest privately-owned bank is proud to announce a partnership with Huawei