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Corporate Deposit
 

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.