What is Internet Banking?
- Internet banking, also known as online banking, e-banking or virtual banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website.
iBanking Features
Internet Banking
Manage Beneficiary
Transfer
Schedule Transfer
Favourite Transaction
E-Statement
Branches
Foreign Exchange Branches
Exchange Rate
Limits and Fees
| Type | Charges | Max Per Transaction Limit | Max Daily Limits |
|---|---|---|---|
| Own Account Transfer (FPB to FPB) | Free | MMK 50,000,000 | MMK 150,000,000 |
| Other Account Transfer (FPB to FPB) | <10,000,001 = 300 MMK | MMK 50,000,000 | MMK 150,000,000 |
| Other Account Transfer (FPB to FPB) | >10,000,000 = 0.01 % | MMK 50,000,000 | MMK 150,000,000 |
| Other Bank Transfer (FPB to Other) | 1000 MMK | MMK 10,000,000 | MMK 50,000,000 |