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Foreign Exchange
Major currencies can be exchanged in most banks, money changers,
and hotels. There is often a different rate for any notes smaller
than USD 100 and this applies to most currencies. If cashing travellers
cheque you will require your passport.
Banks and money changers can easily be found in the
larger towns on Bali. However, you should carry sufficient rupiah
(Rp) when travelling to the less popular areas of Bali.
Banking hours are from 8.00 to 15.00 Mondays to Fridays,
and from 8.00 to 12.00 on Saturdays. Banks in hotels usually stay
open longer while money changers are generally open until early
evening.
Almost all hotels and other businesses will accept
foreign currency, but be warned hotels usually charge a lower rate
of exchange than offered by banks or money changers. There are banks
and ATM located at the Ngurah Rai International Airport.
Exchange Tips
Here are some tips if you want to change money or traveller's
cheques at a money changer:
1. Make sure you calculate the rate yourself. Use your own calculator
as some money changers modified their calculator.
2. Check to see whether there is a commission fee. Be cautious of
high rates. Money changers who offer high rate as usually ask you
a commission. If they say we have no commission, you must be careful
too.
3. Count the money yourself. You will be surprised how many money
changers are also good 'magicians'.
4. When you have finished counting your money and the total is right,
do not give your money back to the money changer staff to re-count.
It is likely the money changer may try and steal your money.
5. The money changer staff should give you a receipt. If not ask
for one.
6. Do not flash your money, and change only as much as required.
Banks and Their Location
At most ATMs on Bali you can get up to Rp. 2 million with one
withdrawal and in many places there are only three withdrawals per
day.
If you use your credit card and go to any major bank, like Lippo
or BNI, you can then get any amount up to Rp. 5 million.
If you are a regular visitor to Bali maybe you should open a rupiah
bank account. This allows you to transfer money from your Bali bank
account at any time from your country at moments that exchange rate
of your currency is doing well!
You can open both a current and saving account, and for around
Rp. 500,000. You can have an ATM card.
All the banks below have a good network of ATMs and can be found
all over the Island in the main towns. If travelling outside of
main tourist areas, it is best to take cash.
|
Bank Name
|
ATM C.C. Accepted
|
Address
|
| Bank Central Asia
(BCA) |
Visa, Plus
|
Jl. Sultan Hasanuddin
58, Phone: (0361) 431012, 426369, 421144, 428053, and 421133 |
| Bank Dagang Negara
(BDN) |
|
Jl. Gajah Mada 2,
Denpasar 80112 Phone: (0361) 222213 |
| Bank Duta |
MasterCard, Visa
|
Jl. Raya Sanur, Tanjung
Bungkak, Denpasar 80235 Phone: (0361) 226578. |
| Bank Export Import
Indonesia (BEII) |
|
Jl. Udayana 11, Denpasar
80112 Phone: (0361) 223981 |
| Bank Indonesia (BI) |
|
Jl. Wr. Supratman
1, Denpasar 80233 Phone: (0361) 225281 |
| Bank Lippo |
MasterCard, Cirrus, Alto
|
|
| Bank Negara Indonesia
(BNI) |
|
Jl. Gajah Mada 30,
Denpasar 80111 Phone: (0361) 224050 |
|
Bank Rakyat Indonesia (BRI)
|
|
Jl. Dr. Kusuma Atmaja
1, Niti Mandala, Denpasw 80235 Phone: (0361) 22871 4 |
| Overseas Express
Bank (OEB) |
|
Jl Gajah Mada 112
- 114, Denpasar 80118 Phone: (0361) 223091. Telex: 235174 |
ATMs and their locations
Cash advances on Visa and MasterCard can also be made through
many ATMs which display the relevant symbols. Cards and networks
accepted by ATMs among Indonesia's main banks include: MasterCard,
Cirrus, and Alto.
|
Town
|
ATM
|
Location
|
| Kuta |
Matahari
Kuta Square |
Matahari
Dept.Store Kuta Square Lt.1 Kuta |
| Kuta |
Kuta
Centre |
Jl.
Kartika Plaza Komp. Kuta Centre Blok A7 Kuta Bali |
| Kuta |
Kuta
Indah Permai |
Jl.
By Pass Ngurah Rai
Komp. Pertokoan Kuta Indah Permai Blok C/6 |
| Kuta |
Pura
Bagus |
Jl.
Pura Bagus Taruna
Dekat Jayakarta Hotel, Kuta |
| Legian |
Kuta
Komp. |
Pertokoan
Kuta Mall, Jl. Legian
No. 118, Bangunan 35 |
| Kuta |
Popies
Lane |
Jl.
Popies Lane II (Palem Garden)
Kuta |
| Sanur |
Alas
Arum |
Jl.
Danau Tamblingan - Sanur. |
| Ubud |
Ubud
|
Menara
Ubud (Jl. Raya Ubud) |
Credit Card Companies
AMEX Representative:
Hotel Bali Beach Arcade
Sanur Denpasar 80227
Phone: (0361) 288449.
Bank Central Asia:
Jl. Sultan Hasanuddin 58,
Phone: (0361) 431012, 426369, 421144, 428053, and 421133
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