Central Bank of Myanmar Press Release

27 April 2021

1. As some riots and terror acts happen in some areas of the country, people are worried about the safety of cash in hand.
2. If the people wish to entrust their cash to the banks, they will be allowed to open new bank accounts at the banks as of 3 May 2021 to authorize their money. If they wish to take out the cash from the new bank accounts, they will be allowed to take out cash from the entrusted amount without limit.
3. Those who opened the accounts at the banks before 3 May 2021 will be allowed to take out cash in line with the original restrictions adopted by the Central Bank of Myanmar. Arrangements are underway to ease such restrictions.

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