Send Money to Myanmar Effectively

Information verified correct on February 21st, 2017

myanmarCompare exchange rates and transfer fees when you need to send money to Myanmar.

When you need to get money to a loved one overseas, the last thing you want to have to deal with is navigating a potentially complicated and expensive process. Sending money from the United States to Myanmar doesn’t have to be expensive. Compare the transfer fees and exchange rates of the many options available to you to get the most Burmese kyats for your dollar.

From bank transfers and online transactions to options that allow recipients to collect your funds within minutes, sending an international money transfer to Myanmar is easy. However, do your research and shop around for the best available deal.

Compare international wire transfer services

Use the international wire transfer calculator below to compare rates when you send money to Myanmar.

Rates last updated February 21st, 2017

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 500 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
WorldRemit International Money Transfers
Fast... Fast, low-cost transfers to 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
Go to site More
TransferWise International Money Transfers
Enjoy high maximum transfers into ... Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
Payoneer International Money Transfers
Ideal for worldwide business payments ... Ideal for worldwide business payments to more than 200 countries and 150 currencies.
USD 20
Online
Rates are always
changing, click to check
your price today
Go to site More
RIA Money Transfer
No fees for bank account ... No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries.
3 - 5 days
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
Rates are always
changing, click to check
your price today
Go to site More
Moneycorp Exchange Experts
Full-service specialist offering competitive exchange ... Full-service specialist offering competitive exchange rates on personal international money transfers.
USD 50 1 day
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
TorFX International Money Transfers
No hidden fees and a ... No hidden fees and a best rate guarantee for 60 global currencies.
USD 150 1 day
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
Go to site More
Wells Fargo Bank
While more expensive than other ... While more expensive than other options, securely send money to 13 Latin American and Asian countries.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
More

Have we missed anything in the comparison table? Tell us

  • If the provider quotes a different rate to the one above please let us know

How to compare transfer companies when transferring money to Myanmar

  • Exchange rates. Look at the exchange rates offered for turning U.S. dollars into Burmese kyats and see which company offers higher rates.
  • Fees. Use a company’s price estimator tool to check the amount you will have to pay in transfer fees. You may find that some companies charge higher fees for different transfer methods.
  • Transfer methods. Can you place transfers online or do you need to visit a branch location? Can you send your funds over the phone?
  • Turnaround time. How long will you have to wait until your funds are available for your beneficiary? Processing times can vary depending on the company you choose and the hours of operation of the cash pickup location.
  • Minimum amount. Will you need to exceed a minimum transfer limit with each transaction?
  • Pickup methods. Can your beneficiary pick up the cash from their nearest transfer agent, or will the funds be deposited into their bank account?
  • Customer service. In what forms (phone, email, online chat) is customer support available and during what hours?
Back to top
Foreign exchange rates explained
The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it will yield more money when exchanging it in a country with a weak currency. For example, in December 2016, the U.S dollar was worth approximately 19 Mexican pesos. However, most countries’ exchange rates are flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

How to send money to Myanmar from America

  • Western Union. Western Union operates an extensive branch network throughout Myanmar. Transfers can be lodged online or by visiting a Western Union branch.
  • MoneyGram. MoneyGram has been offering its services in Myanmar since mid-2013. It offers 10-minute transfers that can be picked up from its locations throughout Myanmar.
Back to top

Emergency cash transfers in Myanmar

There are certain circumstances where you may find that you need to send an urgent transfer. For example, you might have a close relative traveling through Myanmar who has all their luggage, including their cash, stolen. Happily, both MoneyGram and Western Union offer rapid transfers to Myanmar, but just remember to double-check the exchange rate and fee that applies to your transaction to make sure you’re completely aware of how much the transfer will cost.

As for anyone who has been a victim of theft in Myanmar,  their first move should be to report the matter to the local police. They may also be able to receive emergency assistance from their travel insurer or credit card issuer.

Back to topFind a money transfer location near you

Tips for picking up cash in Myanmar

  • Don’t visit a transfer agent in an area where you do not feel safe.
  • Don’t pick up cash alone – if possible, ask a friend to accompany you.
  • Keep your cash concealed and don’t flash it around in public.
  • Avoid any high-crime areas.
  • Don’t carry cash around for any longer than you need to – deposit the funds in your bank account.
Back to top

How to send money to Myanmar

Before you can send an international money transfer to Myanmar, you will need to provide a range of details, including:

  • Your name and address
  • Your contact details
  • Proof of ID
  • Your recipient’s name, address and contact information
  • The details of your transaction, such as the amount of money you wish to send and in what currency

Once you have handed over your money you will receive a transaction reference number – this can be used to monitor the progress of your funds.

Was this content helpful to you? No  Yes

Ask a Question

You are about to post a question on finder.com

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Disclaimer: At finder.com we provide factual information and general advice. Before you make any decision about a product read the Product Disclosure Statement and consider your own circumstances to decide whether it is appropriate for you.
Rates and fees mentioned in comments are correct at the time of publication.
By submitting this question you agree to the finder.com privacy policy.

US International Money Transfers Offers

Learn about our information service
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Fast, low-cost transfers to 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

feedback