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Latest information about using credit card in Myanmar (Burma) - Septembre -2009


1st Septembre 2009 - Ananda travel accept credit card in Myanmar !

Great news for our customers, our bank in Singapore, the United Overseas banks allows us again to accept credit card for our customers in Myanmar. Starting 2nd week of September 2009, we are accepting VISA and Master Card Euro card for the paiement of our services in Myanmar (hotels, booking etc...)
We do not accept Master card.

It is a very good news for our customers, they will benefit from all insurances and security you may have with a payment by credit card (and you will save bank transfert cost to our account in Singapore).

We provide more detailled information by email when we set-up program or booking for our customers.



Credit card - Official situation in Myanmar

The US embargo forbids US dollars to come in Burma, so Visa and any credit card that will be used for USD payment are not authorized by US government to work in Myanmar (since August 2003).

Recently, in October 2006, the US Government has even increase the pressure on Myanmar and it is almost impossible to transfer fund in the country and it is impossible to operate credit card in Myanmar.
Ananda Travel has suspended in credit card payment for its customers has until today (12-january-2008), there is no legal and acceptable solution for a payment by credit card in Myanmar at this time.

Bank transfert in Myanmar.

It is impossible to transfert USD to a Myanmar bank because of the US embargo.
It COULD be possible to tranfer EURO to a bank account of an expat or Myanmar company (not the bank for a withdraw) BUT the governement will apply a 10% tax on the amount, and you will get not currency (EURO or else) but FEC which is no value if you leave Myanmar. So practically, no transfer possible to a Myanmar Bank.


Bank transfert outside Myanmar but for a Myanmar business, friend etc..

Be very careful, the US embargo apply on every bank everywhere, even if you transfert EURO from Paris to Singapore.
Never mention something related to Myanmar in your bank transfert detail (do not mention Myanmar, yangon burma etc;;;) otherwise your transfert will be block and / or keep by the US governement.

Credit card - Pratical situation - what you can do - How to use your credit card

It is sometimes possible to use a credit card in Myanmar but the general rule is that you can not use it. If you want to use your credit card (in some specific place only cf table below ) you have to accept a not very regular procedure.
We strongly advice you to calculate your budget with cash or paiement to your travel agent. Use the credit card operation for emergeny (whenever it is possible) or for last minute gift in Yangon.

Somes hotels and somes shop (a few, cf table below)) accept to take a manual print of your credit card with the amount in Thaï or Singapore currency (which it is not autorized by Visa). They will send the print abroad and get the fund. This is working, it is not very regular and it will cost you 4 to 5 %.

Airlines
Whatever the company and the solution you propose, they do not accept credit card.

Hotels
Pansea, Summit, Tharabar gate and other main hotels accept your visa card with Monnex system in Singapore. Jewellery shop, hotels shop (Pansea, Park Royal..) are also accepting the Visa credit card via the above procedure.
Currently it is working, until when ????

If you do not want to carry to much cash, work with your local travel agent or with Ananda Travel Yangon (we have official travel agency bank account).

The list below is valid at May 2009. Be careful anyway, the hotel can accept credit card ONLY if the Internet connexion is working, so you are not always sure that it will work everytime (internet is not reliable in Myanmar).

Hotel Name
City
Credit card
Fees to pay
Monney advance
Remark
Governor's Residence
Yangon
Visa, Master
5%
100$~200$   7%
For hotel guest only.
Savoy
Yangon
Visa, Master
3.5%~4.5%
No
 Fees will vary witht the change rate in Singapore.
Kandawgyi Palace
Yangon
Visa, Master
4% +S$ exchange rate
No
For hotel guest only and the fees will change with the SIngapore change rate.
Strand
Yangon
Visa, Master
5%
100$~200$  10%
Hotel guest only
Mandalay Hill Resort
Mandalay
No
     
Rupar Mandalar
Mandalay
No
     
Sedona
Mandalay
Visa, Master
4,5%
200$~300$   7.6%
 
Thiripyitsaya Sakura
Bagan
Visa, Master
5%
No
 
Tharabar Gate
Bagan
Visa, Master
8% ,9%
100$~500$  10%
Internal use $50~$100  9% , Above $100  8%
Aureum Hotel
Bagan
No
     
Inle Princess Resort
Inle
Visa, Master
5%
No
 
Inle Resort Hotel
Inle
No
     
Inle Lake View Hotel
Inle
No
     
Amazing Hotel
Ngapali
No
     
Sandoway Resort Hotel
Ngapali
No
     
Aureum Palace Hotel
Ngapali
No
     
Palm Beach Hotel
Ngwe Saung
No
     
Bay of Bengal
Ngwe Saung
No
     
Aureum
Ngwe Saung
No
     


Cash withdraw - ATM


t is totally impossible to withdraw cash in Myanmar with a credit card,there is no ATM, and you can not transfert funds in a local bank to get cash, and that you can not use travellers cheques in Myanmar.