is it really true what i hear: that there are no ATMs in Burma that accept foreign cards?
should i stock up on greenbacks?
ATMS in Burma
Correct-no ATM%26#39;s and no Credit/Charge cards officially accepted (part of G W Bush boycott pressure) although some hotels accept with hefty 5% surcharge through Singapore.
Greenbacks - new,unmarked and without damage are what are needed(search this forum for further details)
ATMS in Burma
Also not all hotels exchange $ to Kyat and some that do typically give low rates.I found Central Hotel with the best rates last January which was 1040 Kyat per dollar.It is lower now as dollar is not doing that well. I recommend that you avoid touts in the streets to exchange money.
thanks for the responses
are hotels/shops/restaurants likely to accept Thai Baht or any other currency like that?
Dollars,Kyat are the ony currency that I have used
FYI,
There are absolutely no ATM%26#39;s or banks in Burma period. Be careful to bring all the cash you need for the whole trip in Myanmar. We were caught a bit short but luckily were able to arrange a VISA cash advance (through a bank in Singapore) from the Sedona Hotel, in Yangon. They charged quite a high percentage but it was well worth it for us.
Happy travels!
kat
best way I advise for you; book partly hotels/air tickets in advance with a travel agency so you can pay ahead (avoiding ';some load of cashes'; there and it makes you CHEAPER or REASONABLE) agencies in myanmar has got ';good rates'; rather than self arrangements.
USD and Myanmar Kyats only widly accept. Euro also can be used. Thai bath and Singapore Dollars ,Japanese Yen , only very very few place accepted.
So, bring only US dollars, as mention above crispy.
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