This barrier is unrelated to the end of the transition period, following the United Kingdom's departure from the EU.

Public ID: PID-9NOR5B

Banking restrictions for overseas businesses in Myanmar

in Myanmar (Burma)

Trade barrier summary

Overseas businesses cannot open fully operational clearing bank accounts at local or international banks. This can cause logistical challenges and incur additional charges for a business. Overseas businesses can only transfer funds in or out of the country, with most UK businesses using Singapore as their transactional hub.

Sectors affected

  • Financial and professional services



Date reported

5 April 2019

Last updated

18 December 2020

Public ID


Back to search results

If a trade barrier is affecting your exports or investment from the UK, please let us know on report a trade barrier .

If you export goods you can check duties and customs procedures for your chosen market.