Banks & Money Changers
Banks in Bali will change foreign cash and travelers checks 8am – Noon, Mon –Fri. On weekends only money changers operate and on Sunday only the government one is open (they only accept US TC’s or cash).
You should check the newspaper for the latest exchange rates and compare the rates offered by money changers and banks. Be very careful of freelance money changers in the street. If they do not have some kind of premises, like a carpet store or something they can easily rip you off. A typical situation might involve you changing money with them and after you receive your bills the person abruptly takes back your stack saying he miscounted and will add a couple of low denomination bills to the top, while taking a couple of high value bills from the bottom. It’s an old trick and you won’t spot it.
ATM’s also work in Bali. Here’s more info.
By Nick | Permalink
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Banks & Money Changers
Banks in Bali will change foreign cash and travelers checks 8am – Noon, Mon –Fri. On weekends only money changers operate and on Sunday only the government one is open (they only accept US TC’s or cash).
You should check the newspaper for the latest exchange rates and compare the rates offered by money changers and banks. Be very careful of freelance money changers in the street. If they do not have some kind of premises, like a carpet store or something they can easily rip you off. A typical situation might involve you changing money with them and after you receive your bills the person abruptly takes back your stack saying he miscounted and will add a couple of low denomination bills to the top, while taking a couple of high value bills from the bottom. It’s an old trick and you won’t spot it.
ATM’s also work in Bali. Here’s more info.
By Sean | Permalink |
No Comments | December 11th, 2002 | Trackback
Related Posts
- Banks & Money Changers
- $100US Bills - none in the US
- Dealing with money here in Bali
- Looking for house part II
- Counterfeit money ring busted in Bali
Subscribe
|
Print
|
Share |
