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Cheque Clearing

All Remittances & Payment

General Purpose

Cheque clearing is a fundamental process that enables the movement of funds from one bank account to another to complete a payment made through a cheque. 

Features and Benefits

  • Efficient, secure and widely accepted fund transfer method 
  • Smooth payment settlement across local banks 
  • Short timeframe for the entire clearing process 

Requirement

NRC Card (or) Passport 

Remark: 

  • Original cheque-issuers must have sufficient cash balance in their bank accounts. 

Service Fees and charges

Transition Net fee – 300MMK per transaction 

(For both inward and outward)

Contact Info
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