Cash preparation when you are traveling to Bali

Prepare some rupiah when you are traveling to Bali because it is the basic unit of money there. Foreign currency that you bring, whether you have in banknotes or traveler’s checks, should be exchanged at major banks or authorized moneychangers. Usually the exchange rates which offered by the moneychangers are better than the banks. The other advantage of money changers is that they usually stay open for longer time than the bank. In addition, transactions are taken care quicker there than that in the bank. Major banks in Indonesia have several branches in most tourist centers in Bali, especially those in major cities. In smaller towns, you will find it rather difficult to find banks. Bank in Bali open from 8 am to 2 pm from Monday to Friday. Many shops in Bali whether it is big or small accept plastic cards. So your credit card is real useful here, but remember that they will charge you with a 3% until 5 % additional charge to your bill. Some tourists say that cash advances can be obtained in all major tourist resorts like Denpasar, Kuta, Sanur and Ubud. Automatic Teller Machine are spreading all over the island, mostly off course at shopping centers and banks. All of the Automatic Teller Machine are connected to international banking networks. Visa, MasterCard, and American Express are accepted by most of the bigger businesses. The amount signed for is in rupiah and the bill is then converted to your domestic currency. To ensure security and convenience, bring most of your money in traveler’s checks, despite getting better exchange rates for cash. Backing this up with a credit card for major purchases is a good idea. US dollars are the most negotiable currency, particularly in remote areas. It would be a practical way to change as much as you can and feel safe carrying before heading into more remote regions.