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Corporate Deposit
1.Cash deposit
(1) Operation Flow:
- Fill out the deposit slip including the source of fund. - Cash deposit must provide the documents of fund resources (contract, invoice, sales list, receipt or other documents). - Client ID card/Passport.
(2) current deposit interest:
- MMK: None. - USD: Below USD50,000.00- none. Above USD50,000.00- 0.01%(annual interest rate). - CNY: 0.05% (annual interest rate)
(3) Charges: USD Cash Deposit (Free of charge) MMK Cash Deposit (Charge 0.03% upon deposit amount).
2. Time deposit
(1) Currency: CNY, USD.
(2) Operation flow: Fill out the time deposit slip, sign authorized signature and seal on the time deposit slip.
(3) Interest rate: Detail interest rate shall contact with Bank RM.
Period: 7 Days/14 Days/1 month/2 months/3months/ 6 months/9months/12months
(4) Call Deposit: ICBC Yangon Branch provide 7 days and 14 days call deposit product. Detail interest rate shall contact with Bank RM.
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