Are you planning to go on a holiday to Bali? While you are planning your trip to Bali, it is better to also learn about all things related to money in Bali.
The Official Currency in Bali
Indonesian Rupiah or IDR is the official currency in Bali. All the financial transactions in Bali are carried out in Indonesian Rupiah. We advise you to exchange a little amount before leaving and exchange the rest after you are in Bali because usually you will get a higher exchange rate in Bali. It’s crucial to always exchange money at secure places and never give in to the temptation of street money changers offering an extremely high exchange rate.
Secure Money Changer in Bali
You can find money changers in Bali almost in every corner of the tourist areas. However, you have to ensure their credibility by checking on their legality. In Indonesia, authorized money changers in Bali must have their PVA Berizin certification, issued by Bank Indonesia. They will display their legality in their stores.
If you are still unsure, you can directly contact PAM Money Changer to exchange currency in Bali. PAM Money Changer is a trusted money changer in Bali and authorized as PVA Berizin by Bank Indonesia since 2003. We have our real time calculator converter on our website (click here to check) and we have delivery service to give you the best experience.
Payments in Bali
It is safe for you to use credit cards in Bali, cashless payment is accepted in Bali in many big commercial places like hotels, restaurants, spas or supermarkets. Most big commercial places accept payment with credit cards in Bali, you can use American Bank, visa or master cards. To ensure the safety, before you come to Bali we recommend you to warn your bank of your trip and enable your mobile credit card app notification on your phone.
Cashless payment in Bali in 2023 is very common, however if you like strolling around, exploring hidden attractions and trying to blend with the locals in Bali, cash is king in Bali. It is better for you to prepare cash in local currency for your payments in Bali. You’ll probably need cash to pay for transportation, entrance fee to local attractions, purchases in small shops, and refuel.
