Tag: Using Money in Tibet

Using money on a Tibet tour is among travelers’ top questions and concerns. To help travelers avoid money-related Tibet travel hassles, Tibet Ctrip Travel Service-TCTS (www.tibetctrip.com) gives many Tibet money tips. Travelers planning a Tibet tour often ask questions such as: “Are credit cards accepted in Tibet?” or “Can I use my ATM card in Tibet?” Using money in Tibet can be different than many of the countries that foreign visitors hail from. To help travelers prepare for their tour, Tibet Ctrip Travel Service-TCTS (www.tibetctrip.com) has released updated travel information about using money in Tibet. In general, travelers should not expect to use credit cards in Tibet, a few of Lhasa’s high-end hotels or cash advances at a bank are exceptions. Reliable ATMs, many of which accept foreign cards, are available in many places throughout Lhasa. Tibet has seen rapid improvements to its tourist infrastructure in a short amount of time. However, to avoid money-related Tibet travel hassles travellers must arrive informed of money differences between Tibet and their home country. Advices about Using Money in Tibet -The local currency is the Chinese Yuan (CNY, also called RMB). Many travelers choose to withdraw cash from banks such as Bank of China (BOC) or International Construction Bank of China (ICBC), other banks may not always accept foreign ATM cards. It is very important for travelers to call their bank before using their card internationally. While there may be ATMs in several Tibetan cities, to head off potential problems, travelers are advised to withdraw cash before their Tibet tour departs Lhasa. -Travelers with currency other than RMB can exchange it at a variety of locations. For the most part banks offer the best exchange rates. Usually identification such as a passport will be required. To help mitigate language barrier, travelers’ native Tibetan