RelatedMyanmarZero Min DepositOnline OnlyFast Approval

Wave MoneyWave Money 缅甸

Myanmar 数字银行 Fully online Residents only ★ 3.5
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Minimum depositActivated on registration, no minimum deposit
Monthly feeBasic wallet: no monthly fee
Minimum balanceNo minimum balance
How to apply—
Processing timeRegister in the app and email the documents for review; about 1-3 business days
Institution typeDigital Bank
Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

Advantages

  • One of Myanmar’s dominant everyday payment tools, with wide merchant and agent coverage
  • No minimum deposit — the most practical option in the interim
  • Transfers by phone number, bill payment and top-ups
  • Foreigners have a clear document list (passport, long-stay visa, selfie)

Things to note

  • Foreign users must submit passport and visa documents or the account is downgraded
  • Not a bank deposit and not covered by deposit protection
  • Cross-border and FX functionality is essentially unavailable

Documents required

  • Passport with Myanmar entry stamp
  • Residence or business visa of 6+ months
  • Live selfie
  • Myanmar mobile number
  • Email (to submit verification documents)

After registering, email your passport and visa pages plus a selfie to the official address to complete foreign-user verification; missing the deadline downgrades the account

Opening offers & benefits

Standing benefits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

No Monthly FeeNo Min DepositFully OnlineDigital Bank
Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

FAQ

Ready? Open your account

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

Open account ↗ Some links are affiliate (commission) links; this does not affect our objective assessment.

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