Get the most recommendation Bali money changers and some exchange rate information below !
When you plan to travel abroad, there are many things that you need to prepare. One of the most important things next to your medicine and luggage is money. Since you are going to visit a foreign country, you need to know about the currency of the destination country. This will help you in making a plan for your trip. You then can decide how many days will you be staying or how many places you will visit.
You also need to know about the place to exchange your money in your destined country. If this year you plan to visit Bali, which is part of Indonesia by the way; it is one of the provinces in Indonesia, you need to learn about Rupiah, which is the currency of Indonesia, and the places to exchange your money.
In Indonesia, there are several places that can be visited, if you are going to exchange your money, such as money changers, banks, airports, hotels, or take the money directly at ATMs in the destination country. As for money changers, there several money changers that are reliable. Usually, what differentiates these money changers is the exchange rate. Some provide a higher exchange rate; others provide a lower exchange rate.
In Bali, where should you exchange your money?
Exchange Money on Money Changer
This is a popular place to exchange money, either in the country of origin or in the destination country. The reason why people prefer money changer to a bank is that the money changer is very easy to find. Usually, it can be found in various business centers and shopping centers, and also at airports. Moreover, normally the money changer offers a rather good exchange rate.
Be sure to exchange your money in an Authorized Money Changer or you can go to a licensed money changer which is more trustworthy, safe, and, of course, has a better exchange rate. Be cautious when you exchange your money at unauthorized money changers because you are going to risk yourself of getting fake money, damaged money, or even being scammed. Pay attention that the Authorized Money Changer that puts the Licensed PVA stickers (Authorized Foreign Exchange Traders) provided by Bank Indonesia.
Reliable Bali Money Changers
If you are in Bali and looking for authorized money changers, you can read this list of money changers that are reliable in Bali.
Central Kuta Money Exchange
This old money exchange has the most number of branches on the Kuta-Legian-Seminyak line and is also available in Nusa Dua and Tanjung Benoa, Sanur, Ubud, and Denpasar, the capital of Bali. The head office is on Jalan Sunset Kuta, but the busiest office is on the main street of Jalan Raya Kuta. This money exchange has maintained its good reputation for years and competitive rates.
Central Kuta is one of the most popular foreign exchange places in Bali. It offers safety and its exchange rate is always updated. In addition to buying a foreign currency you have, the Central Kuta also provides services to sell foreign exchange. However, if you plan to buy foreign exchange, you need to contact the head office of Central Kuta.
Central Kuta has many branches and almost in all regions. Its outlets can be found in most popular tourist attractions in Bali. Here is the address of the Central Kuta Money Exchange headquarters.
Central Kuta Head Office
Open Hours Monday – Saturday: 07:30 – 21:30 | Sunday: 09:00 – 21:00
Address: Jalan Sunset Road No. 168, Seminyak 80361.
Fax: 0361 – 4741936
Phone: 0361 – 4741940
PT. Bali Maspintjinra – BMC Money Changer
BMC Money Changer is another trusted money changer in Bali. BMC money changer is also known as PT. Bali Maspintjinra. It was established on January 12, 1993, and BMC money changer is known as one of the best money changers in Bali and trusted by many people until now.
In addition, BMC money changers have many branches that are located in almost all areas of tourist attractions in South Bali, such as Kerobokan, Ubud, Sanur, Legian, and Batubelig North Kuta.
The headquarter of the BMC money changer is located on Jalan Raya Seminyak No 16 a, Kuta-Bali. However, the busiest is the BMC money changer branch based in Kerobokan.
BMC Money Changer Kerobokan
Opening hours; Monday – Sunday: 08:00 – 22:30.
Address: Jalan Raya Kerobokan No. 50/87, Banjar Taman, Kerobokan Kelod, North Kuta, Bali 80361.
Phone: 0361 – 737070 | Fax: 0361 – 736247.
PT. Dirgahayu Valuta Prima
Another reliable place to exchange your money in Bali is PT. Dirgahayu Valuta Prima. It was founded in 1984 and still maintains its very good reputation as an official money changer in Bali until now.
In addition, PT. Dirgahayu Valuta Prima offers better exchange rates and reliable security by putting many security guards around money changers for customer safety.
PT. Dirgahayu Valuta Prima also has branches that are widely spread in many well-known tourist sites in Bali, such as Ubud, Kuta, Tanah Lot, Legian, Tabanan, Sanur, and Denpasar.
Therefore, when you are having a vacation in one of those cities and need Rupiah in cash to buy some souvenir items in Bali, you can visit PT. Dirgahayu Valuta in each of those branches. They will usually ask for your passport or identity card for each transaction in their branch.
Opening hours: 08.00 – 21.30
Location: Jalan Raya Kuta No. 168, Kuta
Tel: +62 (0) 361 762 970
It is a standard act for money changers to check the quality of the money, especially if the money is in USD accounts. Money changers mostly accept new, stiff and clean notes. Meanwhile, damaged, wrinkled or torn notes are frequently unaccepted by money changers. Usually, the exchange rates are also applied exclusively to USD 100 banknotes. As for smaller denominations, they have different exchange rates. Also, they don’t take coins.
Calculate the general rate in relation to the announced rates. To make quick comparisons you can use your calculator application since some scams include manipulated office computers, albeit in very rare and isolated cases. Remember to never forget to count your money regardless of the amount of time you need to do it.