Retail customers with existing bank relationships but do not have mobile banking access will be able be given mBanking access by submitting essential details (e.g. name, account number, mobile number, email address and NRIC/selfie) and getting verified by the bank. Due to the call back verification feature, the turnaround time is between 3 to 5 working days.
Cardless Withdrawal enables to withdraw cash from KBZ ATMs without using any physical card. An 6-digit OTP will be sent to beneficiary and 4-digit OTP to the sender. The sender provides the 4-digit OTP code to the beneficiary and the beneficiary can thereafter visit any KBZ ATM; key in both the 6 digit account code and 4-digit OTP in order to withdraw cash. No ATM Card is required.
The Sender does not need to personally visit any branch and simply remit on the go, anywhere/ anytime in the world.
The Beneficiary can withdraw the cash at nearest KBZ_ATM in Myanmar.
This features can allow the sender to remit money to the beneficiary via online banking by just knowing NRIC and phone number of the beneficiary.
Transaction Limit :
Maximum Transaction Limit – 500,000.00
Daily Transaction Limit – 3,000,000.00
Charges- 0.125% (min 300MMK) per transaction
Note: Auto Reversal will be adjusted to sender account if it is not withdrawn within 7 working days.
Sender: Does not need to go personally to branch and just remit on the go wherever and whenever you are.
Mobile Top Up feature allows customer to do e-load top up directly from all the telecom operators in Myanmar such as MPT, Telenor, Ooredoo, MEC and MyTel via fingertips without incurring any service charges. With the availability of mobile top-up favorite function, maximum 5 numbers can be saved under favorite features so that the repeated phone numbers don’t need to be typed for next top-ups.
Gift Card feature allows customers enabling to purchase the dedicated e-pin from US Google Play Store Credits, US iTunes Store Credits, US Steam Credits, Viber Out Credits, Mobile Legends Diamonds and Easy Points Credits. Then, the recipient can spend the gift card at dedicated online stores or apps.