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Unlike American dollars or British pounds, the Burmese Kyat is not a major international currency. The choice of companies that will let you send money to Myanmar (also known as Burma) is limited. Currently, if you want to send money to Myanmar, you have to look at the services of a select number of specialty international money transfer companies, like Western Union. It will generally have to be a cash transfer directly into a Burmese bank account which is inaccessible from Australia.
Read on for information about how to send money to Myanmar, and tips of how to compare money to transfer companies so you can find the best deal on your international money transfer to Myanmar.
At the time of writing, Myanmar is currently sanctioned by the US government, meaning that many banks will not allow you to send funds to Myanmar. You need to visit a Western Union or MoneyGram outlet and perform a cash transfer if you want to send money to Myanmar. The exchange rate and fees for the transfer will be advised at the time of the transaction.
Compared to a currency like US Dollars, Burmese Kyat is not a commonly traded currency. There are only a handful of money transfer companies and financial institutions that let you send money to Myanmar. Some of the providers that let you send money to Myanmar include:
If you want to send money to Myanmar, but don’t know where to start, or how to tell a good deal from bad one, have a look at the following to find out how to compare quotes on an international money transfer to Myanmar.
There may be times when you need emergency access to money in Myanmar. Whether you’ve lost your wallet, or you have a friend or relative in Myanmar who needs money, there are a couple of options for accessing emergency cash.
If you’re sending the money to Myanmar and you want the person receiving the money to be able to pick the funds up from a local business, you will need to send the money using a service like Western Union or MoneyGram.
Send money to Myanmar using Western Union and the recipient can collect the funds from a network of 250 branches stretching over six states and seven divisions in Myanmar.
Find out more about Western Union
MoneyGram have expanded the services they offer in Myanmar. MoneyGram services are provided through three banks in Myanmar. Cash can be collected from the following financial institution in Myanmar.
The government recommends that Australians visiting Myanmar should exercise a high degree of caution. The government also advises that Australians should reconsider their travel plans if they’re visiting certain areas within the country – this information is available on the Department of Foreign Affairs Website.
If you’re concerned about your safety carrying a large amount of money on your person, be discreet once you collect your cash. Keep the money in a money belt strapped to your body, travel in a group and do not flash large wads of cash around on the street.
Back to topIf you want to transfer funds to Myanmar, you need to send cash. You’ll need to provide some basic information before the transaction is processed, like:
Once you complete the funds transfer, you will be given documentation to show that the transfer has been confirmed.
If you want more information on how to send money to Myanmar, ask us a question using the form at the bottom of this page. A member of our team will be in touch.
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I want to cash a check made out to me in Myanmar when I visit. It is in US dollars. Is it possible and what is the bank fees?
Hello Masu,
Thank you for your comment.
Yes, it’s possible to encash a check made out in Myanmar. Please go to the bank and the bank will set out their respective fees when encashing a check.
Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.
Regards,
Jhezelyn
According to KBZ bank international remittance information at https://www.kbzbank.com/en/remittance/international-remittance/, Westpac Banking Corporation in Australia is one of their correspondent banks and it allows Account-to-Account transfer of money from Australia to Myanmar via SWIFT.
Is it correct?
Hi Sithu,
Thank you for contacting Finder.
Yes, you may refer to our review on overseas payments with Westpac international money transfers for more information as well as instructions on how you can proceed.
I hope this helps.
Cheers,
Danielle
Thanks for your reply.
It doesn’t seem to have Myanmar in their country list.
Hi Sithu,
Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.
If that’s the case, then I would suggest choosing one of the options above. You may review and compare the offers available above. Once you have selected one, you may proceed by clicking the orange “More Info” button.
I hope this helps.
Cheers,
Danielle
How can i get a quick loans from,US and Us bank also,didn’t accepted request from myanmar.
Why?
I’m in emergency case
Hi Yoon,
Thanks for your question.
I’m sorry to hear about your situation. As much as we would like to help, the loan products on our website are only available to Australian and American residents.
You may want to check with a local lending institution in your area for your borrowing needs.
Cheers,
Anndy
We are an NGO from Shillong, India running a project in Myanmar. We need to transfer fund to our partner in Myanmar for different training programs. What is the correct procedure to transfer fund to Myanmar from Shillong, India from an FCRA Account?
Hi Bahrit,
Thanks for your question. The process will depend on the money transfer service you choose.
If you would like to use Western Union, you can go directly to the site from this page by clicking on the green “Go to site” button in the comparison table. Once on their website, click on the ‘Send Money’ tab and follow the instructions under ‘Sending money options’. You generally need to create an account with Western Union to proceed and an option to create an account will be available once you’re on the website.
Generally, you can send money from you bank account. Once you have followed all the steps for sending money, you will be given a number. The recipient then collects the cash from a Western Union agent, quoting this number.
Hope this has helped.
Clarizza
How do my friend can send me the money fron US to Kalaymyo through Money Gram?
Hi Joseph,
Thanks for your question.
Unfortunately it seems that MoneyGram doesn’t support international money transfers to Burma anymore. You may want to consider alternative service such as Western Union.
Your friend can do it a local Western Union branch or online.