Withdrawing money from ATM now possible at KBZ ATMs

Replies: 20 - Last Post: Mar 10, 2013 5:36 AM Last Post By: Scampston

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Jan 21, 2013 3:59 AM
Posts: 172

Withdrawing money from ATM now possible at KBZ ATMs

This was announced recently on the Air KBZ Facebook fan page. This is in conjunction with Visa so if you have an international Visa card, you can now use KBZ and CB bank ATMs in Myanmar to withdraw money. Not sure what the fees are, but they're sure not to be cheap so don't say goodbye just yet, to having crisp, new, mint condition US dollar notes.

alekand

Jan 21, 2013 4:43 AM
Posts: 25

True. I have seen KBZ ATMs in Mandalay with Visa stickers and an ATM of another bank (probably CB) in Bago with both Visa and Mastercard stickers. Did not have the guts to try them out though.

lucapal

Jan 21, 2013 4:49 AM
Posts: 10,177

Has anyone actually used them?

martin010

Jan 21, 2013 7:28 AM
Posts: 609

Been that way for a few weeks already...

enroutesiglo

Jan 21, 2013 11:36 AM
Posts: 2,046

Come on, someone's got to be the guinea pig!

BadMonster

Jan 21, 2013 4:05 PM
Posts: 11

#4

You think anybody wants to be cut into pieces for experiments - no way.

hilron

Jan 21, 2013 7:04 PM
Posts: 530

Yes I used an ATM of CB bank in Mandalay with a foreign bankcard back in november last year. Worked fine. When you draw 300.000 the fees for the local bank are a bit under 2 %. I think thats cheap.

The CB Bank has introduced a free app recently with adresses and maps of their ATM's and exchange rates + more. Look under CB Bank in the app store.

martin010

Jan 21, 2013 11:26 PM
Posts: 609

I used CB bank aswell. Worked fine. Just like any ATM around the world.

gelfball

Jan 22, 2013 1:34 AM
Posts: 59

used my Visa at the CB Bank ATM in The Strand last week, worked like a charm except wouldn't let me take the advertised 3 lakh out, so I had to settle for 2.

crittle001

Jan 22, 2013 3:56 AM
Posts: 19

There is apparently a 5000 kyat fee for using CB Bank, although I haven't tried it myself.

ocraMoloP

Jan 22, 2013 6:26 AM
Posts: 41

This link could be helpful http://www.cbbankmm.com/atmlocator.php

ocraMoloP

Jan 22, 2013 6:50 AM
Posts: 41

This link works better http://www.cbbankmm.com/atmlocator.php?l=e

rivaltribal

Jan 22, 2013 11:20 PM
Posts: 886

Visa works fine in the ATM's...have used the CB Bank ATM at Yangon Bogyoke markets (in the money change booth up the back right corner) and at Mandalay Diamond Plaza and both worked fine with Visa card (also another ATM for Visa at the CB bank on 78th St Mandalay)...withdrawals of 300,000 worked, and I was told that is the limit (???).... Diamond Plaza also have at least 1 KBZ ATM for Visa...fee (for CB ATM at least) is 5000 Kyat.

lucapal

Jan 23, 2013 12:27 AM
Posts: 10,177

So that is like US$350 a time...and it costs US$6 to take it out ?

rivaltribal

Jan 23, 2013 8:22 PM
Posts: 886

yup...that's correct (maybe you can withdraw more at one time...but I was told by a local friend the limit is 300,000)...and the fee is 5,000 Kyat (plus whatever fee/s you home bank charges you for using your card in a overseas ATM)