Receive money instantly from overseas and withdraw 100% in cash – FAQs

Customers will be able to withdraw 100% of the cash transferred through Old Accounts and New Cash Accounts.

Types of  Bank Accounts are as below

Old Accounts

  • Saving Account – Individual and Joint ,Minor
  • Current Account – Individual and Joint 
  • Call Account- Individual and Joint 
  • Loan Bank account- Individual and Joint (linked to current account)
  • Card Bank account – Individual (Linked to current account)

New Cash Accounts

  • Current_Individual(Myanmar Citizen/Resident Foreigner)
  • CASH ACCOUNT_Current_Joint(Myanmar Citizen/Resident Foreigner)
  • CASH ACCOUNT_Call_Individual(Myanmar Citizen/Resident Foreigner)
  • CASH ACCOUNT_Call_Joint(Myanmar Citizen/Resident Foreigner)
  • CASH ACCOUNT – Savings_Individual_LCY
  • CASH ACCOUNT – Savings_Joint_LCY

The customers cannot transfer to Fixed Deposit accounts. 

The customers cannot transfer to Corporate Deposit accounts. 

Customers can transfer the Myanmar Kyats Amount that is equivalent to USD $ 5000 as the maximum amount. 

The customers cannot make the outbound remittance.

The customers can receive the transferred money on a real time basis. ( Same Day/ Real Time) 

Customers don’t need to pay service charges upon withdrawing the cash.

The Beneficiary can withdraw 100% of the transferred cash at any KBZBank Branches with no limit, no token by bringing 10 Digit Code Numbers and NRC Card.

 The Beneficiary can withdraw 100% of the transferred cash at any KBZBank Branches with no limit, no token by bringing 14 Digit Code Numbers and NRC Card. 

There is no limit on cash withdrawal amount. Customers can withdraw 100% of the transferred cash.

A customer doesn’t need to get a token for cash withdrawal. 

The money can be transferred through any countries which have Western Union, Thunes (Transfer To), Tranglo, Ria services and from Merchant Trade ( Malaysia).

Yes, the beneficiary can withdraw 100% of the transferred Myanmar Kyats from both old accounts and new accounts. 

Yes, the customer can withdraw 100% of cash transferred from KEB Bank and Krung Thai Bank to KBZ Old Accounts and New Accounts. 

 Customers can withdraw 100% of worker inward remittance at all KBZ Bank Branches.

For more information and queries, contact 09 951018555 or [email protected]. For more information about Worker Remittance, please contact 09443211683.