Privileges and Terms & Conditions for KBZ Business Customer Identification Card

■ KBZ Bank issues these Cards to the Company to get special privileges when obtaining banking services for the Company if the Company opened any Company’s Account (individual or joint) with KBZ Bank.

■ KBZ Bank will assume the Cardholder as an Authorized Person designated by the Company and will provide special services to the Cardholder for the Company.

■ If the Company will be using the privileges attached to the Card, the Cardholder needs to bring this Card when visiting the KBZ Bank or its designated branches. The Cardholder shall bring the Card in order to entitle to the special privileges.

■ The Card must be used exclusively by the Company only and not be used by any person other than the Cardholder designated by the Company.

■ The Company needs to check the available branches that can use this Card on KBZ Bank’s Website by scanning the QR on the envelope or the Company needs to inquire with the KBZ Bank about available branches before the Company goes to the branch due to this Card cannot use at all KBZ Bank branches at the present.

■ The Company shall only use the Card for the relevant purpose. The Company and any Cardholder must not use these Cards for any unlawful activity or any unlawful purpose.

■ The privileges and benefits that the Company or the Cardholder visiting designated KBZ Bank branches with provided Cards are as follows;

– End-to-End services at one branch (No need to go to another branch for any specific service)
– Priority Queue (Express lane service – fast serving time with less waiting time)
– Opportunity to Communicate directly to the Branch Manager anytime visiting the branch
– Territory Relationship Manager – dedicated assigned staff at the business branches to take special care
– Separated waiting area
– Enhanced SLAs for some of the corporate services

■ KBZ Bank may waive the fees payable by the Company for issuing Cards to the Company.

■ The Card issued to the Company may carry various privileges or benefits from time to time. KBZ Bank, at any time, shall have the right to add, modify or cancel this service or the benefits or features or privileges for some reason without giving any notice.

■ KBZ Bank will not at any time be responsible or be held liable for any losses or damages of the Company resulting from accessing these services.

■ If the Card is lost or stolen, or is used by an unauthorized person, the Company must immediately notify KBZ Bank.  

■ KBZ Bank issues these Cards to obtain a special privilege in obtaining banking services for the Company, and KBZ Bank will not be liable to provide these Cards as a mandatory service for the Company. KBZ Bank shall not be liable for any omission or failure to provide the privileges of these Cards due to any cause or negligence or without the due care of KBZ Bank or its employees.

■ The Company hereby releases KBZ Bank and their respective officers, employees, and agents from all loss, damage, or injury whatsoever, known or unknown, arising out of or in any manner connected with the use or performance of the Card issued to the Company.

■ The Company shall notify KBZ Bank as early as possible of any change to its address, email address, phone number, or any other particulars supplied to KBZ Bank by the Company.

■ The designated Branches are as follows (as of November, 2022);

– Hlaing Thar Yar-1 Branch (064) 
– Lanmadaw 4th Street Branch (139) 
– Kandawgyi Yeik Mon Branch (278) 
– Yankin Branch (127) 
– Pazundaung Branch (014) 
– Mandalay -3 Branch (026) 
– Mandalay – 39 Branch (306) 
– Nay Pyi Taw – 5 Branch (402) 
– Taung Gyi – 1 Branch (001)

Please click on the links below to view the detailed terms and conditions of the KBZ Business Customer Identification Card.