Payment Methods and Currency Exchange in Myanmar: Essential Facts for Travelers

Myanmar’s official currency is the kyat (MMK). Cash is the primary payment method, with limited acceptance of credit cards and mobile payments. Currency exchange and ATM access are available in major cities, but services may be limited in rural areas.

• Official currency: Myanmar Kyat (MMK)
• Payment methods: Cash is widely used; some hotels, restaurants, and shops in Yangon and Mandalay accept Visa and Mastercard. Mobile payments (Wave Money, KBZPay) are common among locals but rarely accepted by foreign visitors.
• Contactless/mobile wallets: International wallets (Apple Pay, Google Pay, Alipay) are generally not accepted.
• ATMs: Available in cities and airports; most accept international cards (Visa, Mastercard, UnionPay). Daily withdrawal limits and fees (typically 5,000–10,000 MMK per transaction) apply.
• Currency exchange: Exchange at banks, licensed money changers, and airports. US dollars (USD) and euros (EUR) are commonly exchanged; notes must be clean and undamaged.
• Foreign currency restrictions: Large cash transactions may be subject to scrutiny. Avoid using foreign currency for direct payments.
• Cash import/export limits: Up to USD 10,000 (or equivalent) can be brought in or taken out without declaration. Amounts above this must be declared to Myanmar Customs.
• Transaction fees: Foreign card transactions may incur surcharges (3–5%).
• Tips: Carry sufficient cash, especially when traveling outside major cities. Check ATM compatibility and inform your bank of travel plans.
• Major banks: KBZ Bank, AYA Bank, CB Bank.
• Regulations: Myanmar Central Bank oversees currency controls. Travelers should monitor official advisories for updates.