LTGTR Posted May 7, 2012 Share Posted May 7, 2012 (edited) Do they exist and if so,are they plentiful (laughs out loud)? My cards are USA issued. Edited May 7, 2012 by LTGTR Link to comment Share on other sites More sharing options...
Tywais Posted May 7, 2012 Share Posted May 7, 2012 State Department statement: Currency: Traveler’s checks, credit cards, and ATM cards can rarely, if ever, be used. Although moneychangers sometimes approach travelers with an offer to change dollars into Burmese kyat at the market rate, it is illegal to exchange currency except at authorized locations such as the airport, banks and government stores. It is also illegal for Burmese to possess foreign currency without a permit. Foreigners are required to use U.S. dollars, other hard currency, or Foreign Exchange Certificates (FEC) for the payment of plane tickets, train tickets, and most hotels bills. Please be sure to bring pristine bills, as most establishments will not accept torn or old U.S. currency. Burmese kyats are accepted for nearly all other transactions. Executive Order 13310, signed by President Bush on July 28, 2003, imposed a ban on the exportation of financial services to Burma In recent months, U.S. financial institutions have increased scrutiny of on-line financial transactions taking place on Burmese Internet providers. As a result, the bank accounts of some U.S. citizens working or traveling in Burma have been frozen. To avoid this potential problem, customers of U.S. banks should avoid on-line banking while using a Burmese Internet Service Provider (ISP). Those who believe their accounts have been subject to similar restrictions in error are asked to contact the Consular Section of the U.S. Embassy in Rangoon. U.S. Sanctions - Treasury: EXPORTATION OF FINANCIAL SERVICES TO BURMA - With certain exceptions, the exportation or reexportation of financial services to Burma is prohibited. The term exportation or reexportation of financial services to Burma is defined broadly to mean: (i) the transfer of funds, directly or indirectly, from the United States or by a U.S. person, wherever located, to Burma; or (ii) the provision, directly or indirectly, to persons in Burma of insurance services, investment or brokerage services, banking services, money remittance services; loans, guarantees, letters of credit or other extensions of credit; or the service of selling or redeeming traveler's checks, money orders and stored value. This defined term is unique to the Burma sanctions program. Although there are limited exceptions to the ban on the exportation of financial services, under no circumstances can payments be made from blocked accounts on the books of a U.S. bank. Link to comment Share on other sites More sharing options...
LTGTR Posted May 7, 2012 Author Share Posted May 7, 2012 Yes I have read that previously,thanks.Now for real world,up to date info,anyone there have an update? The State Dept info is very good for just about every country for a primer. Link to comment Share on other sites More sharing options...
CP3 Posted May 8, 2012 Share Posted May 8, 2012 There are ATM ..yes.. You cannot use oversea cards. Link to comment Share on other sites More sharing options...
LTGTR Posted May 12, 2012 Author Share Posted May 12, 2012 Thank you. There are ATM ..yes.. You cannot use oversea cards. Link to comment Share on other sites More sharing options...
bkk_mike Posted May 13, 2012 Share Posted May 13, 2012 Isn't the basic problem still that there's basically an embargo on US financial services. That means no visa, mastercard, american express... Link to comment Share on other sites More sharing options...
Siriam Posted June 13, 2012 Share Posted June 13, 2012 There are ATM ..yes.. You cannot use oversea cards. Do you know if Thai Visa electron cards can be used? Link to comment Share on other sites More sharing options...
CP3 Posted June 16, 2012 Share Posted June 16, 2012 none can be used yet. Link to comment Share on other sites More sharing options...
tombkk Posted June 16, 2012 Share Posted June 16, 2012 Just came back from Myanmar and asked these questions. Answers: 1. There are no ATMs accepting international cards yet. Only local cards. 2. The US financial sanctions have been suspended, so international cards are allowed now. 3. They (the Myanmar banks) are in the process of implementing it. This will take time. 4. The SEA Games will take place in Myanmar in July 2013. For practical reasons, expect the ATMs to accept international cards by then. Link to comment Share on other sites More sharing options...
tombkk Posted June 24, 2012 Share Posted June 24, 2012 Just came back from Myanmar and asked these questions. Answers: 1. There are no ATMs accepting international cards yet. Only local cards. 2. The US financial sanctions have been suspended, so international cards are allowed now. 3. They (the Myanmar banks) are in the process of implementing it. This will take time. 4. The SEA Games will take place in Myanmar in July 2013. For practical reasons, expect the ATMs to accept international cards by then. Correction: The financial services sanctions have not been suspended, but it is being discussed. I received wrong information (or simply misunderstood) in Myanmar, this could be clarified by the US Commercial Office. Link to comment Share on other sites More sharing options...
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