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