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Latest information about using credit card in Myanmar (Burma) - December, 2007
No credit card can be used officially due to US embargo. All credit cards including Visa, Master, American Express, JCB that will be used for USD payment are not authorized by US government in Myanmar (since August 2003).
However.
You can pay certain tour company, hotel and shops with your international Credit card especially Visa, Master Card. Practical situation is you must ask them if they can accept your card.
You have to know some facts if you are going to use your card and we collected some individual's experience here.
Not-So-Regular Procedure
If you are to use credit card in Myanmar, you almost always accept a not very regular procedure.
1. The shops will ask for your passport, exact address when you register your card with your bank.
2. The shops will take a manual print of your credit card with the amount in Thai or Singapore currency and they also take a copy of your passport (your name in passport must be the same as your card)
3. The shops will ask you to sign on a form - which very often you filled in your details yourself - with an overseas company name. This overseas company name and the merchandise name may appear in your bank's credit card statement. The country can vary such as Singapore, Thailand, UK, USA or EU countries - this is because their counterparts are in those countries with credit card accepting Merchant Account facilities.
4. The shops normally trust you if you are with a travel company or the guide who usually is their friend.
5. The currency may vary such as Thai Baht, Singaporean Dollars, Euro other than US Dollar. Note that amount in US$ in your credit card statement may be higher as bank rates are not very favorable as street Money Changers.
6. The shops may impose 3% to unbelievable 12% some times.
7. Airlines
Whatever the company and the solution you propose, they do not accept credit card.
8. Hotels
Pansea, Summit, Tharabar gate and other main hotels accept your Visa card. Jewellery shops, hotels shops (Pansea, Park Royal..) are also accepting the Visa credit card via the above procedure.
Please write to us if you find our information incomplete or incorrect to help other travellers.
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