MOB provides ‘Payment Order’ to government department, organization and individuals. Payment order is a form of guarantee that is only issued after the money is deposited which gives guarantees that the bank will issue money if the payment order is submitted.
Need to mention the name of government department, organization and individuals. Also includes the amount to be paid and bank service fees together with the name, NRC number and address of the buyer.
10 pyas per every 100 kyats.
Note: Minimum 100 kyats – maximum 30,000 kyats will be deducted.