KBZ bank changes minimum charge for money transferring
Effective from 1st July 2018, iBanking transaction fee will be charged as follow:
Transaction per day | IBanking Transaction fee |
Up to 200 million MMK (Corporate) | 0.0125% of transfer amount |
Above 200 million MMK(Corporate) | 0.025% of transfer amount |
Maximum 30 million MMK (Retail) | 0.025% of transfer amount (min 500 MMK) |
The bank informed that there will be a charge for money transfer with the minimum of 500 MMK. The commission rate will stay the same, with only minimum charges increasing.
Source: KBZ Bank
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