Kyo U Account
Guaranteed Upfront Interest Withdrawal- Kyo U Account
An ideal account for customers who would like to withdraw full amount of interest at the time of deposit and grow your savings with high interest rate.
- Interest can fully be withdrawn at the time of deposit
- Minimum deposits amount of MMK 1 Million with one year tenure
- Deposits can be made with cash or interbank transfer.
- Can be opened in local currency (MMK) only.
- Upfront interest cash withdrawal
- High interest
- Upon maturity, withdraw full amount of cash if deposit was made by cash or transfer to other banks if deposit was made by interbank transfer.
Rates and Fees
Interest rate - 9.35% p.a.
- Myanmar citizen age 18 or over (Sole or Joint Account)
- Sole Proprietorship / Partnership / Pvt. Limited companies registered in Myanmar
- Deposits can only be done by both cash, other bank cheques or interbank transfer
- Company registration documents
- Identification documents (NRC / Passport) of the beneficial owners
- Memorandum of Association / Article of Association (in case of Pvt. Ltd)
- Partnership deed (in case of partnership company)