First Private Bank introduces new mobile service in Pyay

Dr. Sein Maung explaining Mykyat which is the bank's mobile banking service in Pyay town, Bagon Region on 29 September.

The First Private Bank Limited introduced its new mobile banking service “my kyat” to shareholders and entrepreneurs in Pyay town, Bago Region being from 29^th September.

Dr.  Sein Maung,  Chairman of First Private Bank Limited, elaborated my kyat services which is the bank’s new mobile banking service to the shareholders and the entrepreneurs in AyeyarOo hall on the Kannar street in Pyay town.

Mykyat is a monetary service provided by the legal representatives of the bank to customers in the areas without banking system.

Mykyat aslo provides monetary services in the areas where there are no branches of bank and/or ATM machines.

Mykyat, he said, is believed to be able to attract the customers and reduce service charges with bank accounts being not need.

It will also enable remittance transaction with the use of mobile phones.

He amphasized that Mykyat can be used by everybody regardless of having a mobile bank account or not, and with an ordinary handset or smart phone handset.--(017)