RelatedMyanmarZero Min DepositOnline OnlyFast Approval

KBZ BankKBZ 银行

Myanmar 传统银行 In-branch required Permit holders ★ 3.4
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Minimum depositKyat accounts from about MMK 1,000
Monthly feeBasic account free; 1 unit charged after one year of dormancy
Minimum balanceNo mandatory balance for kyat accounts; foreign-currency accounts around 20 units
How to apply—
Processing timeAbout 2-4 weeks for approval once documents are complete
Institution typeTraditional Bank
Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

Advantages

  • Myanmar’s largest private bank, widest branches and KBZPay ecosystem
  • Kyat and foreign currency accounts can be held together
  • Very low threshold for kyat accounts
  • App supports English interface

Things to note

  • Tourist visas rejected; a long-term visa and FRC are required
  • International transfers often blocked or heavily screened
  • Unstable kyat rates and cash rules

Documents required

  • Valid passport with a long-term visa
  • Foreigner Registration Certificate (FRC) for stays over 90 days
  • Local address proof (lease or utility bill)
  • Local employer or reference letter

Apply at a larger downtown Yangon branch, and bring a letter from your employer or a local referee

Opening offers & benefits

Standing benefits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

No Monthly Fee
Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

FAQ

Ready? Open your account

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

Open account ↗ Some links are affiliate (commission) links; this does not affect our objective assessment.

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