MPU Corporate Business Debit Card is a type of card that can be linked with a Company Account. It is a type of card that can be used with secondary cards by opening a sub account with the CIF of the Company Account.
MPU Corporate Business Debit Card can be used at ATM, POS, Ecommerce.
Necessary information to apply for MPU Corporate Business Debit Card –
(1) Original NRC OR Passport
(2) Company Registration
(3) BODs & Shareholder List
(4) BOD Resolution
BODs List for the Card Holder who will hold the card on behalf of the BODs Resolution for the card application has to be connected with the Company Account. Must have at least 50% of the member directors’ approval certificates and the company’s seal.
The Company (or the cardholder) is solely responsible for any incident related to holding the MPU Corporate Business Debit Card.
If there is a change in the representative holder of the MPU Corporate Business Debit Card linked to the Company Account, the Company must notify the bank branch before 10 Working Days.
If applying for an MPU Corporate Business Debit Card, a Card Registration Fee (3,000 Kyats) is charged.
(3,000) Kyats will be charged for re-applying a damaged/lost/expired MPU Corporate Business Debit Card.
MPU Corporate Business Debit Card requires Pin Number at ATM machine.
The MPU Corporate Business Debit Card can be used to pay taxes through Ecommerce on designated Government Websites., withdraw cash from ATM and make purchases on any POS machines.
MPU Corporate Business Debit Card can be used up to 5 million MMK per day to pay taxes on relevant government websites.
Ecommerce application is required to pay taxes for government related websites with MPU Corporate Business Debit Card. As soon as the Card Holder receives the card, they have to apply to Ecommerce ([email protected]) at the branch.