INSTACash Account
Guaranteed instant cash withdrawals
An ideal account for customers who would like to withdraw cash instantly after cash-in via CCT Transfers / interbank transfers and clearing cheques.
INSTACash allows you to withdraw cash up to 1 Million per week without token requirement and enjoy the interest with the rate of 4% p.a.
Features
- Initial deposit of MMK 100,000
- Passbook / paper statement, as and when requested, and eStatement
- Can be opened in local currency (MMK) only
Benefits
- Instant cash withdrawals without token requirement
- Withdraw up to 1 Million Kyats per week
- Security
- Interest bearing account
Rate and Fees
- Interest rate - 4% p.a.
- Interest payment frequency - quarterly
Eligibility
- Myanmar citizen age 18 or over (Sole or Joint Account)
- Minimum deposits amount of MMK 100,000
- Deposits can be done by cash, interbank transfer (CCT) or clearing cheque
Documents required
Individual
- NRC Copy/Passport