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Find the best way to send money to Myanmar

Learn how to send money to Myanmar from Canada in our step-by-step guide.

Looking for the best way to send money from Canada to family, friends or businesses in Myanmar (or even to your own overseas bank account)?

Don't head straight to your Canadian bank – compare specialist money transfer services instead. They nearly always offer better MMK exchange rates and lower fees, so for the same amount of Canadian dollars you send, your recipient will receive more kyats.

Of the companies we've compared, Remitly is among the cheapest, with competitive exchange rates and fees starting from $0. Need a really fast transfer? Remitly can get money to your recipient in Myanmar within minutes.

Best ways to send money to Myanmar from Canada

The best way to send money to Myanmar depends on your payment method, how you want your money to be received and how fast you need it to arrive.
  • Online money transfer provider. When buying Canadian dollars or kyats money transfer specialists typically offer better rates and cheaper fees than a local bank.
  • Bank transfer. Bank transfers are an easy way to send money to Myanmar but they charge extra for the convenience and are often slower than other methods.
  • Cash pickup. If you need your money to arrive fast, cash pickup gives your recipient instant access to the money you've sent when they collect it from their agent location in Myanmar.
  • Mobile wallet. Essentially an electronic wallet service, mobile wallets allow users to store, send and receive eligible currencies using their phone, often with fees attached.
  • Home delivery. If your recipient may struggle to get to a cash pickup location, you may be able to opt for door-to-door cash delivery.

Compare the best money transfer companies to send money to Myanmar

Use our table to compare the best money transfer companies to send money to Myanmar. You can compare deposit and receiving options, fees and transfer speeds, then click the "Go to site" button when you've found the best one to get your money to Myanmar.
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Name Product _compare_ Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer)
Remitly
Finder Award
Remitly
Within minutes
From $0
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site
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Cheapest way to send money to Myanmar

Bank transfers are typically the cheapest way to get your money to Myanmar. Remitly and have some of the lowest bank transfer fees of the brands we've compared.

When you're hunting down the cheapest ways to send money to Myanmar, it's more important to look at the overall cost of your transfer. This has a couple of elements:

  • Transfer fees. While still cheaper than your Canadian bank, some money transfer services charge either a fixed or percentage-based fee for making your transfer.
  • Exchange rates. Another way money transfer providers make money is to add a margin to the mid-market CAD/MMK exchange rate.

Some providers may charge the mid-market rate but add fees on top. Others may have very low fees but apply a markup on the exchange rate. This means it is important to compare exactly how many kyats your recipient will end up with.

Fastest way to send money to Myanmar

Many online providers can offer transfers to Myanmar within minutes, although you're likely to pay a premium for the convenience.

Here are some of the fastest average transfer speeds to Myanmar:
  • Remitly — within minutes

Actual transfer times from Canada to Myanmar can depend on several different factors including transfer amount, payment method and currency.

Safest way to send money to Myanmar

The safest way to get your money to Myanmar is to use a provider registered with Canada's industry regulator, the Financial Consumer Agency of Canada. All of the companies we've compared in our table are overseen by a local regulator and comply with the relevant laws and regulations in both Canada and Myanmar.

A great way to dive deeper is by reading our extended reviews of each transfer service and researching first-hand customer feedback on Trustpilot and similar platforms.

Large money transfers to Myanmar

If you need to make a sizable money transfer to Myanmar, consider using a provider such as to benefit from its expertise in handling larger transfer amounts.

Using a large transfer specialist can have the following advantages:
  • Tax guidance. Large transfers to Myanmar may have tax implications for you or your recipient. A transfer specialist can help get you up to speed on CRA's latest advice.
  • Foreign exchange (forex) tools. Advanced tools such as forward contracts, limit orders and stop-loss orders can help you lock in the MMK exchange rate you want.
  • Account manager. Some money transfer providers assign a personal account manager who can help and advise you on your transfer needs.
  • Phone service. If you want to talk your transfer through with someone, a provider such as Remitly can give you support over the phone.

How to send money to Myanmar from Canada

To send money to Myanmar, you'll need the necessary documentation, your recipient's details and a way to pay.
  1. Compare your options.
    Use our table to find a money transfer provider that sends funds to Myanmar. One may be better for cash pickups while another may suit a bank transfer. Once you've found the best one for your requirements, click "Go to site".
  2. Create an account.
    You'll need to give your name, address, contact details, proof of ID and method of payment.
  3. Provide your recipient's details.
    Enter your recipient's name and contact information. If you're sending straight to their Myanmar bank account, you'll need the account number, SWIFT or IBAN plus their bank branch's address.
  4. Enter your transfer amount.
    Check you're happy with the fees, exchange rates and transfer speed, then enter the amount you wish to send. Double-check the total kyats your recipient gets.
  5. Complete your transfer.
    Send your money transfer to Myanmar. Keep your transaction reference number safe so you can track your transfer. Your recipient may need it too.

    6. How to choose the best money transfer companies to send money to Myanmar

    When choosing a money transfer provider to send money from Canada to Myanmar, it's important to consider the cost, how you want your recipient to receive the funds and the turnaround time. Here are other features to review:

    • Exchange rates. Banks and transfer services use the mid-market rate to trade with one another. It is the best rate you can get. However, not all money transfer providers offer you this mid-market rate so compare the MMK you're offered to the mid-market rate and look for the smallest difference.
    • Transfer fees. Are you being charged a flat fee or a percentage of your transfer amount? For example, a provider offering to transfer your money to Myanmar for a flat or low fee might work out better if you plan to send a large amount.
    • Transfer type. Does your recipient have a Myanmar bank account or is cash or cell phone top-up a better option? Each transfer type will have different fees. For example, instant cash pickups tend to be more expensive than bank transfers.
    • Transfer speed. If you need your transfer to arrive quickly, you can pay for an express delivery. Companies such as Remitly offer instant cash pickups but may charge more. If you're not in a rush, online money transfer services offer the best value and get your money to Myanmar faster and cheaper than banks.
    • Transfer limits. Find out how much you can send with each service. For example, Remitly allows transfers up to $999.
    • Discounts. Some providers may offer you a free transfer simply for signing up. Others may offer a discount if you transfer more than a specific amount of kyats.

    Frequently asked questions

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    9 Responses

      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?

        AvatarFinder
        AdrianAugust 18, 2016Finder

        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

      Default Gravatar
      JosephApril 14, 2016

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

        AvatarFinder
        ShirleyApril 15, 2016Finder

        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.

      Default Gravatar
      AshishNovember 17, 2015

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

      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

        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

      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?

        AvatarFinder
        MarcMarch 30, 2015Finder

        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.

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