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How to send money to Myanmar

Find the best exchange rate and low fees when you send money to Myanmar from Australia.

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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.

What's in this guide?

  1. How do I send money to Myanmar from Australia?
  2. How do I compare transfer companies when transferring money to Myanmar?
  3. Send money to Myanmar in an emergency
  4. Cash pickup locations in Myanmar
  5. Tips for picking up cash in Myanmar
  6. How to send money to Myanmar

MUST READ: Send money 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.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
Western Union International Money Transfers
AUD 1 Same day AUD 20.00 1054.017 MMK
1,032,937
 Western Union sends money online to friends and family in 200+ countries around the world. Show details
MoneyGram International Money Transfers
AUD 1 Within an hour AUD 2.99 1058.381 MMK
1,055,217
 MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide. Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

How do I send money to Myanmar from Australia?

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:

  • Western Union. Western Union have a number of cash collection points in Myanmar. You can send money to Myanmar and the recipient can collect the funds from a local merchant. You can send money to Myanmar by visiting a Western Union outlet.
  • MoneyGram. MoneyGram offer a similar service to Western Union. Send money to Myanmar by sending cash from a MoneyGram outlet.
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How do I compare transfer companies when transferring money to Myanmar?

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.

  • Exchange rates. The exchange rate is describes the conversion between Australian dollars and Burmese Kyat. For instance an exchange rate of 1:2 means for every Australian dollar you exchange, you will get two Burmese Kyat.
  • Transfer fees. Companies will more than likely charge you a fee when you want to send money to Myanmar. Some companies don’t charge a fee if you’re sending over a certain amount, while other companies charge a flat fee. The fee for transferring money will be advised when you get a quote to send money to Myanmar.
  • What pick-up methods are available? When you send money to Myanmar, how can the person you’re sending the money to collect the funds? Some companies let you send money to a local business for the recipient to collect, while other companies will let you send it straight to their bank account. You can find out about the pickup methods by reading our international money transfer review pages.
  • Turnaround time. How long will it take before the person in Myanmar can access the funds you’ve sent? The way you choose to send the money affects the turnaround time. Bank transfers take longer than cash pickups.
  • Minimum transfer amounts. What’s the smallest amount of money you can send to Myanmar? Some companies have no lower limit, but charge fees if the transaction is under a certain amount.
  • Transfer options. Does the company let you set up regular payments to Myanmar, or is the service for a one-off transfer only?
  • Customer service. Can you get in touch with the international payment provider if something goes wrong? Check to see whether the provider has a 24 hour customer service team and whether you can contact them on weekends.
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Send money to Myanmar in an emergency

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.

  • Travel insurance If you’re travelling in Myanmar and you’re stuck in a tight situation without money, like if your bags are stolen, you may be able to arrange for an emergency cash transfer through your international travel insurance provider. Most policies have a benefit for an emergency cash provision.
  • International transfers with cash pickup. If you need to get money to Myanmar fast, you can send the money using an international transfer service with an option for cash pickup. Western Union and MoneyGram are two such companies. The money is usually available within minutes of sending it from Australia.
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Cash pickup locations in Myanmar

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.

Western Union

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.

  • CB Aung Mingalar Mini Branch789 Aung Mingalar Highway Complex, Thudamar St Mingalardon Tsp, Yangon.11142+095-1-251100Open 9.30am to 3pm Monday to Friday.
  • United Amara Bank Tarmwe Branch169 Quarter 4d Banyar Dala St, Tarmwe Tsp, Yangon.Open 8am to 4pm, Monday to Friday.

Find out more about Western Union

MoneyGram

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.

  • Asia Green Development (AGD) Bank
  • Myanmar Citizens Bank (MCB)
  • Tun Foundation Bank (TFB)

Find out more about MoneyGram

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Tips for picking up cash 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.

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How to send money to Myanmar

If 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:

  • Your name
  • Your email address
  • How much you want to transfer
  • How often you want to send money (for periodical payments)

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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20 Responses

    Default Gravatar
    masuNovember 2, 2018

    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?

    Reply
      Avatarfinder Customer Care
      JhezNovember 8, 2018Staff

      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

      Reply
    Default Gravatar
    SithuOctober 21, 2017

    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?

    Reply
      Default Gravatar
      DanielleOctober 22, 2017

      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

      Reply
      Default Gravatar
      SithuOctober 22, 2017

      Thanks for your reply.
      It doesn’t seem to have Myanmar in their country list.

      Reply
      Default Gravatar
      DanielleOctober 23, 2017

      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

      Reply
    Default Gravatar
    YoonFebruary 17, 2017

    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

    Reply
      Avatarfinder Customer Care
      DeeFebruary 17, 2017Staff

      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

      Reply
    Default Gravatar
    BahritAugust 17, 2016

    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?

    Reply
      Avatarfinder Customer Care
      ClarizzaAugust 18, 2016Staff

      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

      Reply
    Default Gravatar
    JosephApril 14, 2016

    How do my friend can send me the money fron US to Kalaymyo through Money Gram?

    Reply
      Avatarfinder Customer Care
      ShirleyApril 15, 2016Staff

      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.

      Reply
    Default Gravatar
    AshishNovember 17, 2015

    How can i transfer money online from US to Myanmar? is there any available service?

    Reply
      Default Gravatar
      BelindaNovember 17, 2015

      Hi Ashish,

      Thanks for your enquiry.

      You may use our guide in sending money to Myanmar from the US. Some of these money transfer providers operates a wide branch network throughout Myanmar. You can initiate a transfer online or by visiting an agent location in the US. Please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you initiate money transfer.

      Thanks,
      Belinda

      Reply
    Default Gravatar
    VenAugust 6, 2015

    Hello, i want to transfer money to myanmar from india,, i have no idea how to do and there is no location find ..plz help me

    Reply
      Default Gravatar
      abhayOctober 28, 2015

      Hello, i want to transfer money to myanmar from india,, i have no idea how to do and there is no location find ..plz help me

      Reply

      Reply
      Avatarfinder Customer Care
      ShirleyOctober 28, 2015Staff

      Hi Abhay,

      Thanks for your question.

      Please know that you are viewing the Australia Finder page and the options provided may not be relevant to you. To send money from Myanmar to India, you can use money transfer providers that offers cash pick ups like MoneyGram and Western Union. You can visit an agent location and send funds from there. The money can then be picked up as cash from an agent location in India.

      Please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you initiate money transfer.

      Cheers,
      Shirley

      Reply
      Default Gravatar
      BelindaAugust 6, 2015

      Hi Ven,

      Thanks for your enquiry.

      Please know that you are viewing the Finder Australia page for ways you can send money to Myanmar from Australia and the options provided may not be relevant to you. However, you may check Western Union and MoneyGram wherein they can help you process the funds transfer with an option for cash pickup. Please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered before you initiate money transfer.

      Thanks,
      Belinda

      Reply
    Default Gravatar
    potMarch 29, 2015

    Can you tell me how to transfer money Australia to Myanmar, I’m a bit confused.
    When I filled the from, do I need to write the Western Union name, address or the recipient’s details?

    Reply
      Avatarfinder Customer Care
      MarcMarch 30, 2015Staff

      Hi Pot,
      thanks for the question.

      This will depend on how you’re sending money to Myanmar. If you’re sending it using Western Union’s Money in Minutes service or their bank account to bank account service, you’ll need to supply the recipient e.g your friend or cousin’s details.

      If you’re sending it to a Western Union branch to be picked up as cash, you’ll need to fill out a send money form and select ‘cash pickup’.

      Next, you’ll need to give the agent at the Western Union branch the completed form, and then give your recipient the tracking number, which they can bring to their nearest Western Union branch to pick up.

      I hope this helps,
      Marc.

      Reply
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