Fees & Charges

(Updated 29th June 2022)

The rates quoted in this tariff sheet are indicative only and subject to change from time to time.

1. Current Account
Account maintenance fees Free of Charge (FOC)
Service fees Free of Charge (FOC)
Printed monthly statement Free of Charge (FOC)
Additional statement (per sheet) MMK 200
A/C closure within 6 months MMK 1,000
Cheque book fees (25 leaf) (NPT/YGN/MDY Clearing Zone) MMK 8,000
Cheque book fees (25 leaf) (Other Zone) MMK 3,000
Stamp duty on cheque book MMK (25 leaf) MMK 125
Stamp duty on cheque book USD (25 leaf) Free of Charge (FOC)
Cheque clearing fees MMK 300 per transaction

2. Foreign Currency Account

Cheque book fees (25 leaf) USD 3
A fee is imposed for cash deposits and notified
Deposit fees
weekly
Withdrawal fees 1 (USD/SGD/EUR/YUAN)
Account transfer 2 (USD/SGD/EUR/YUAN)
Account maintenance fees Free of Charge (FOC)
Additional statement (per sheet) MMK 200
Company 10 (USD/EURO/SGD)
Account closure charges
Individual 5 (USD/EURO/SGD)

3. Savings Account
Passbook fees Free of Charge (FOC)
Additional passbook fees MMK 1,000
Printed monthly statement Free of Charge (FOC)
Account maintenance fees Free of Charge (FOC)
Additional statement (per sheet) MMK 200
Duplicate passbook MMK 1,000
Account closure within 6 months MMK 1,000
4. e saving Account
Passbook fees MMK 1,000
Card issuing fees MMK 3,000
Card Issuing fees (Payroll) Free of Charge (FOC)
Card annual fees MMK 3,000 (1st year annual fee waived)
Printed monthly statement Free of Charge (FOC)
Account maintenance fees Free of Charge (FOC)
Additional statement (per sheet) MMK 200
Duplicate passbook MMK 1,000
Account closure within 6 months MMK 1,000

5. uab Zeegwat Account

Passbook fees MMK 1,000
Card issuing fees Free of Charge (FOC)
MMK 3,000 (1st year annual fee waived)
Card annual fees
Monthly average balance MMK 100,000 (waived)
Printed monthly statement Free of Charge (FOC)
Account maintenance fees Free of Charge (FOC)
Additional statement (per sheet) MMK 200
Duplicate passbook MMK 1,000
Account closure within 6 months MMK 1,000

6. Call Account
Passbook fees Free of Charge (FOC)
Additional passbook fees MMK 1,000
Printed monthly statement Free of Charge (FOC)
Account maintenance fees Free of Charge (FOC)
Additional statement (per sheet) MMK 200
Duplicate passbook MMK 1,000
Account closure within 6 months MMK 1,000

7. Fixed Deposit Account

Passbook fees MMK 1,000
Printed monthly statement Free of Charge (FOC)
Account maintenance fees Free of Charge (FOC)
Additional statement (per sheet) MMK 200
Duplicate passbook MMK 1,000
8. Debit Card
MMK 3,000 (USD 2 for USD Account)
Issuing fees
( FOC for Zeegwat Account )
MMK 3,000 (USD 2 for USD Account) (1st year
Annual fees
annual fee waived)
Initial deposit MMK 10,000
Minimum balance MMK 1,000
PIN Re-issuance MMK 1,000 (USD 1 for USD Account)
Card lost/replacement fees MMK 3,000 (USD 2 for USD Account)
Free at uab bank ATM, withdrawal fee appliedfor
Cash withdrawal
other banks’ ATM
Free at uab bank ATM, fees applied at other
Balance inquiry (ATM)
banks’ ATM
Printed monthly statement Free of Charge (FOC)
Additional statement (per sheet) MMK 200
Mark-up fees 3 – 5 % for foreign currency transactions

9. Credit Card
Issuing fees (Platinum) MMK 50,000 (Supplementary Card: MMK 25,000)
Issuing fees (Gold) MMK 25,000 (Supplementary Card: MMK 15,000)
MMK 120,000 (Supplementary Card: MMK
Annual fees (Platinum)
60,000)
MMK 60,000 (Supplementary Card: MMK
Annual fees (Gold)
30,000)
PIN re-issuance MMK 3,000
Card lost/replacement fees MMK 15,000
Interest 13% (p.a)*
Credit usage charges 13% (p.a)*
2% of cash amount (min MMK 3,000) and
Cash advance
3.25% interest / month
A minimum of MMK 10,000 or 10% of total
outstanding balance as at statement date
Late fees
(whichever is higher), up to a maximum of MMK
20,000
Balance inquiry (ATM) MMK 1,000
Balance statement inquiry (Over the counter) MMK 3,000
Mark-up fees 3 – 5 % for foreign currency transactions

10. Prepaid Card

Issuing fees MMK 8,000
Annual fees MMK 8,000 (1st year annual fee waived)
 Initial deposit MMK 10,000
Minimum balance MMK 10,000
PIN re-issuance MMK 1,000
Card lost/replacement fees MMK 8,000
Free at uab bank ATM, withdrawal fee applied
Cash withdrawal
for other banks’ ATM
Free at uab bank ATM, fees applied at other
Balance inquiry (ATM)
banks’ ATM
Balance statement inquiry (Over the counter) MMK 1000
minimum MMK 10,000 and maximum MMK
Top-up limit 5,000,000 (or equivalent in foreign
currency)
Cancellation fees MMK 2,000
Mark-up fees 3 – 5 % for foreign currency transactions

11. Gift Card

New Colorful Gift Card – MMK 10,000
Issuing fees
Personalized Gift Card - MMK 12,800
Annual fees MMK 10,000 (1st year annual fee waived)
MMK 10,000 (Minimum) MMK 1,000,000
Initial top-up limit before registration
(Maximum)
MMK 10,000 (Minimum) MMK 3,000,000
Top-up limit after registration
(Maximum)
New Colorful Gift Card – MMK 10,000
Card lost/replacement fees
Personalized Gift Card - MMK 12,800
Balance statement inquiry (Over the counter) MMK 1,000
Mark-up fees 3 – 5 % for foreign currency transactions

12. SMS Alerts

All withdrawals & transfers MMK 6,000 per year
All withdrawals & transfers of MMK 500,000 and above MMK 3,000 per year
All deposit transactions MMK 16 per transaction

13. Trade Finance Charges

A. Remittance
0.125% on amount (Min USD 25)
Outward remittance
USD 5 for SWIFT charges
Inward remittance USD 10
Inward remittance
USD 35 (collected from remitting bank)
(full credit request)
 USD 25 + USD 5 for SWIFT charges + Other
Stop payment, amendment, return payment, enquiry
bank charges
Fund transfer (uab to uab) USD 2
B. Import
0.25% on LC amount per 3 months or part
L/C opening thereof (Min USD 50) USD 10 for SWIFT
charges
0.25% on amount per 3 months or part thereof
L/C extension or amount increment (Min USD 50)
USD 10 for SWIFT charges
L/C other amendments USD 40 + USD 10 for SWIFT charges
USD 30 + USD 10 for SWIFT charges + Other
L/C cancellation
bank charges
Bill handling- bills under L/C USD 50 + USD 10 for SWIFT charges
0.50% on bill amount (Min USD 50)
Bill handling-bills under documentary collection
USD 10 for SWIFT charges
0.15% on bill amount per month (-) cash
Usance acceptance-bills under L/C
margin (no charges for 100% cash margin)
Discrepancies acceptance USD 60
C. Export
L/C advising USD 30 + USD 10 for SWIFT charges
L/C amendment advising USD 25 + USD 10 for SWIFT charges
L/C cancellation USD 25 + USD 10 for SWIFT charges
0.125% on bill amount (Min USD 50)USD 10 for
Bill handling (under L/C & documentary collection)
SWIFT charges
Inward TT USD 10
D. Bank Guarantees
0.25% on BG amount per 3 months or part
thereof (Min USD 50 or MMK 5,000) for FCY and
Guarantee issuing
LCY BG respectively
USD 10 for SWIFT charges
0.25% on amount per 3 months or part thereof
(Min USD 50 or MMK 5,000 for FCY and LCY BG
Guarantee amendment (extension/amount increment)
respectively)
USD 10 for SWIFT charges
USD 50 or MMK 5,000 for FCY and LCY BG
Guarantee other amendments respectively
USD 10 for SWIFT charges
USD 20
Guarantee advising
USD 10 for SWIFT charges
USD 15
Guarantee amendment advising
USD 10 for SWIFT charges
 Guarantee cancellation Free of Charge (FOC)
0.25% on amount per 3 months or part thereof or
BG with lien on deposits (call & savings) for cash margin (Min USD 50 or MMK 5,000 for FCY and LCY
BG respectively)
0.375% on amount per 3 months or part thereof
BG with lien on fixed deposits for cash margin (Min USD 75 or MMK 7,500 for FCY
and LCY BG respectively)
0.25% on amount per 3 months or part thereof or
(Min USD 50)
Shipping guarantee
Note: Shipping guarantee is issued only against
L/C issued by uab.
E. International Money Transfer
Western Union inward- receive money No charges
USD 25 or MMK 32,000 per transaction from
Western Union outward- send money
sender
RIA inward- receive money No charges
KRUNG THAI inward- receive money No charges

14. Interbranch Transfers (IBT)

Same Region
Deposit Free of Charge (FOC)
Withdrawal Free of Charge (FOC)
Account to account transfer Free of Charge (FOC)
Different Region
Deposit Free of Charge (FOC)
Withdrawal Min MMK 200 + 0.05% + MMK 500
Account to account transfer Free of Charge (FOC)
Special Region
Deposit Free of Charge (FOC)
Withdrawal Min MMK 200 + 0.10% + MMK 500
Account to account transfer Free of Charge (FOC)

15. Internal Remittance (uab to uab)

Normal branches
Cash to cash (pay to ID) 0.05%
0.025%
Account to account transfer Min MMK 200
Online Charge MMK 500
0.10%
Special branches (To Muse) Min MMK 200
Online Charge MMK 500
Special branches (From Muse) Free of Charge (FOC)
16. CBM Net Transfer Fees (CCT)
Inward
Normal cities Free of Charge (FOC)
Outward
Up to MMK 30 mil - MMK 3,000
Normal cities
Above MMK 30 mil - 0.01%

17. Other Charges

Issue of balance certificate MMK 3,000
Audited confirmation documents / certificates MMK 20,000
Audit confirmation via SWIFT USD 30
Courier or delivery charges (where required) As per service provider
CCTV recording request (for ATM cards) MMK 5,000

18. Other services

Electricity bill payment service charges (per meter) MMK 100 per meter
Payroll service charges MMK 150 per transaction
Payroll service charges (zeegwat customer) Free of Charge (FOC)
Payment order service fees min 100, 0.1%

19. Dormancy Fees

For MMK account MMK 3,000 per year
For other currencies account USD 3 equivalent per year
Note: Account dormancy fees will be collected only for new accounts and effective from 1st June 2022.