Kies het land

Translated content not available for this page

What is the local currency?
Kyat is the local currency.
↑ Top

What denominations does it come in?
10000, 5000, 1000, 500, 200, 100, 50, 20, 10 and 5 kyats.
↑ Top

What is the best way to exchange currency?
There are money changers available in town.
↑ Top

What are commonly-used forms of payment for everyday purchases (such as groceries)?
You must pay in kyat, however, limited hotels, restaurants and shops accept in US Dollar or credit cards.
↑ Top

Will I be able to use my credit card around town? If not, list when I’ll need cash.
Use of credit cards is very limited outside of hotels. You will need cash most of the time.
↑ Top

By what method are bills (such as rent and utilities) paid?
Mostly cash.
↑ Top

What are the requirements for opening a bank account? At what stage of the settling-in process should I open it?
You will need your passport and the foreign exchange declaration form that you completed at the airport and duly declared at customs. You can open an account with a minimum of US$100. In addition, you will need to furnish a contact address.
↑ Top

Will foreign residents be able to find banking services in their native languages?
Most of the managers at banks can speak English.
↑ Top

Are there any restrictions on services for those who are new to your country?
Credit cards and travelers checks are not widely accepted. Therefore, it is better to keep cash on hand.
↑ Top

What are typical banking hours?
10 a.m. to 3 p.m. is standard.
↑ Top

Are automatic teller machines (ATMs) available around the clock?
↑ Top

Is there any other money information that might help me?
While foreign currency exchange is illegal, FECs (foreign exchange certificates) can be legally held. 

Regarding the kyat, it is useful to know that the government exchange rate is around six kyat to the US dollar, while the open market rate is around 1000 kyat to the US dollar. The government rate does not vary (in fact it is never used), but the open market rate varies greatly.
↑ Top

Crown Relocations has made every effort to present accurate information. However, regulations, rates and other variables are subject to change and Crown Relocations cannot accept responsibility for the errors that might result. Should you have any questions or need additional information, please contact your local Crown representative.

Gratis Prijsopgave Verhuizing

De eerste stap naar uw
nieuwe avontuur

  • Uw aanvraag wordt behandeld door een consulent
  • Gemiddelde resttijd voor het invullen: 1 minuut
  • Met 200 locaties en medewerkers ter plaatse in bijna 60 landen, brengen wij u en uw gezin naar uw plaats van bestemming. Wij zijn hier om u te ontzorgen.
Alles verliep soepel en volgens plan. ;