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| Country Guide > Indian Subcontinent > Bangladesh |
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Money Currency Bangladeshi Taka (Tk) = 100 paisa. Notes are in denominations of Tk500, 100, 50, 20, 10, 5, 2 and 1. Coins are in denominations of Tk5 and 1 and 50, 25, 10 and 5 paisa. Currency exchange All foreign currency exchanged must be entered on a currency declaration form. Hotel bills must be paid in a major convertible currency or with travellers cheques. Many shops in the cities will offer better rates of exchange than the banks. Credit & debit cards Limited acceptance of American Express, Diners Club and MasterCard outside the capital. Check with your credit or debit card company for details of merchant acceptability and other services which may be available. Travellers cheques Can be exchanged on arrival at Dhaka Airport. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars or Pounds Sterling. Currency restrictions The import and export of local currency is limited to Tk100. Reconversion of local currency is permitted up to Tk500 or 25 per cent of the amount exchanged on arrival. The import of foreign currency is allowed but amounts greater than US$150 must be declared on arrival. The export of foreign currency is limited to US$150 or the amount declared on arrival. Exchange rate indicators The following figures are included as a guide to the movements of the Taka against Sterling and the US Dollar:
Banking hours Sun-Wed 0900-1500, Thurs 0900-1300. Selected banks may open on Saturdays. |