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They are directly licensed by the Indonesian Central Bank and have gained a good reputation in their 30+ years as a money changer in Bali. Their rates tend to be fair, and there are never any hidden charges. Where Is It? Ubud Branch, Jl. IB Manik, Petulu, Kecamatan Ubud, Kabupaten Gianyar, Bali 80571, Indonesia.
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The Ultimate Guide to Payment Methods in Bali: Cash, Cards, and More. Bali is very accommodating when it comes to paying for your holiday expenses and cashless payments are on the rise. The local population uses several payment apps and QR code payment systems which are working smoothly and very efficiently.
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BaliCASH Make Your Travel Easier. BaliCASH changes the way foreigners pay. Cashless transactions into IDR without exchanging physical currency to the bank. BaliCASH transactions, use QRIS (Quick Response Code Indonesian Standard). BaliCASH make transactions safer, faster, and more convenience.
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1. The Official Currency in Bali is the Indonesian Rupiah. The official currency of Bali is the colorful Indonesian Rupiah also known as IDR, which is used throughout all of Indonesia. So far this year, the rupiah is Asia's number one performer putting it at 15,499 to a dollar.
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But, you will want to have some cash on hand to get you going, and just in case you have trouble finding or having technical problems with the ATMs. I suggest for 10 days in Bali that you bring about $250-$500 USD cash per person.
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Rule number two: use a money changer that doesn't charge a commission with clearly published exchange rates. 3. The rate is the rate. Unless you are looking to exchange more than USD$10,000 then trying to negotiate a better rate than advertised is most likely a waste of time.
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The official currency used in Bali is the Indonesian Rupiah, abbreviated as IDR and symbolized as Rp. When quoting prices in Indonesian Rupiah, it is common to see the thousands implied, meaning that for example, when a price is written as "10.000" it actually represents 10,000 Indonesian Rupiah. Prices in Bali are typically represented.
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1. Not taking a prepaid card. Our first point is an important one. Using a prepaid card in Bali is a great way to avoid the fees and costly exchange rates that often come with ordinary debit and credit cards, not to mention the theft risk of carrying around large amounts of cash.. The Wise card is a good choice for a prepaid travel card. You get the market exchange rate, low fees and you'll.