Cheque Payments Available via Cheque Drop Box at AGD Bank
AGD Bank announced the launching of Cheque DropBox service at some of the branches and ATMs so that customers can transfer from account to account, repay the amount due in credit cards and loans without having to queue.
These cheque drop boxes can easily be accessed without the need for the Internet. Moreover, since these boxes will be collected daily by the branches and the clearing service will be performed twice a week (on Tuesday and Wednesday), customers can make a smoother payment without having to visit the bank. 
Photo Source https://www.facebook.com/AGDBank
Moreover, with some changes in the interest rate, AGD Bank also introduced a new term, 4-month Fixed Deposit for the customers. This would be the best option for those who think a 3-month term is too short and a 6-month term is too long. The new rates for the Fixed Deposit (1 month, 3 months, 6 months,s and the new 4 months) are effective starting from 26th of April, 2021. Moreover, the bank will put the effort into trying to make all AGD ATMs online and have cash in them. Contents regarding these will be available on the AGD Bank website.
Cash withdrawal limits are as follows:
(1) Withdrawal from the individual account – 1 Million Kyat per week
(2) Withdrawal from corporate account – 10 Million Kyat per week
(3) Withdrawal from ATM – 150,000 Kyat per day
(Remark: Token system will be used from Monday to Friday starting from April 2021.) Photo Source https://www.facebook.com/AGDBank
Instructions for services and token system are as follows:
(1) Tokens will be distributed with 3-time slots (9:00-10:00, 10:00-11:00, 11:00-12:00) and it will be a first come first serve system.
(2) Customers have to enter according to the given time slot and cannot enter in other slots.
(3) Each customer is allowed to make only two transactions per token.
(4) The distribution of tokens will be made 30 minutes before the branch opens and the token cannot be used for the next day.
Credit card and loan repayment services will be provided between 1:30 and 2:30 without the need of a token system. Customers who want to get the service in the morning session should get the token.
AGD Bank has been providing banking services in Myanmar starting from 2010.
For further information, please visit the website:
