personal-banking

Gift Cheque

Gift cheque is a type of gift certificate in the form of card into which the value can be encoded. Gift cheques are mostly used as a present for weddings and birthday celebrations. The recipient can take cash out from the amount printed on the gift cheques at MAB bank branches. MAB bank will collect service charges of 1,000 kyats per each gift cheque.

Bank Guarantee

In doing business, organizations or businesses take Bank guarantees to make them secure and safe in financial issues. Banks also give guarantees for businesses and businesses also need to deposit at bank. Under the laws of Central Bank, MAB will collect commission fees for bank guarantee service depending on cash amount and time.

Remittance

MAB performs remittance service to our branches throughout the country using an Online system and it can reach customers in a minute. MAB connect with A Bank, AGD Bank, Ayeyarwaddy Bank, CB Bank, KBZ Bank, Nay Pyi Taw Sibin Bank, Shwe Bank and SMIDB small and medium industries.

Development Bank and, thus customers can transfer money through MAB bank to these bank branches.

Bank Certificate

Bank certificate is a written statement signed by a bank official, stating how much money a company or person has in the bank on a particular date. Customers use this service when they go study abroad or visa applications at the embassy.

Payment Order

Payment order is a kind of cheque and it can be used for cash payment between business to business and business to government. It is guaranteed by the bank and is one of the secure ways of cash payment.