Information about banks and credit cards in Bali
Banks
•American Express Bank (0361) 283973
•ABN-AMRO Bank (0361) 244277
•Bank Central Asia (BCA) (0361) 756283
•Bank Danamon (0361) 757836
•Bank International Indonesia (BII) (0361) 756671
•Bank Lippo (0361) 284158
•Bank Mandiri (0361) 770259
•Bank Niaga (0361) 232969
•Bank Permata (0361) 263373
•Citibank (0361) 255077
•Commonwealth Bank (0361) 237077
•Standard Chartered Bank (0361) 223700
Credit Cards
•American Express (0361) 283970
•Mastercard / Visa (0361) 759010
Banks in Bali have ATM machines that are compatible with foreign banks so you will be able to withdraw money in local currency. There are actually a ton of branches and you can look in the local Yellow Pages for a complete listing, of banks in Bali.
ali is stacked with ATM machines which is good for the local economy and good for tourists. The days of visiting banks and money changers, spending half an hour filling out forms to get $20 are over. Now whether you are in Kuta, Denpasar, Lovina or Nusa Dua, you can access your cash 24/7. As globalization spreads, efficient ways of doing things become the norm. Bank cards issued overseas that have the Star, Cirrus, Maestro, etc. symbols will be able to access the ATMs of local banks.
Money is issued in Indonesian rupiah. ATM machine are sometimes open to the air, sometimes enclosed in a little AC room. On the outside of the machine it will indicate which cards are compatible. It will also say what denomination the money is dispensed in, either 50,000rp or 100,000rp notes. When you put your card in, you will be asked to select from the Indonesian or English language menu. After entering your PIN number, you will select what service you need (withdrawal, balance inquiry etc.) and from which account (Saving or Checking). After about 15 seconds the money is dispensed, then the receipt then the card. Don’t forget to wait for your card.
Bali has around 12 different banks, each with many branches. The most popular are BII, BNI, BCA. Local account holders are able to withdraw money from their bank’s ATMs for free. Account holders of local backs can withdraw larger sums from ATMs than non-account holders. For example the maximum amount withdrawal from a BCA ATM is 2.5mrp per session, 2 sessions per day. Lippo bank allows you to draw out 2m rp per session although the same ATM machine sometimes allows a different rate (figure that out!), which may be something to do with the amount of money left in the machine. A Silver account with BCA allows a daily withdrawal of 5m rp, a Gold account 10m rp. ATMs vary greatly in the maximum amount they allow you to withdraw. You will be offered a series of amounts and ‘Other Amount’. By clicking on ‘Other Amount’ and typing the figure, you’ll find out if its possible. If not you’ll be directed to enter a lower figure. To use another bank’s ATM machine the charge is 25,000rp.
ATMs in Bali are generally reliable and scams are rare. The worst thing that can happen is you
forget to take your card back.
Bank Commonwealth, which is related to the Commonwealth Bank in Australia, is opening a series of its ‘FX’ shops that will account holders of any Australian bank to exchange money and withdraw from the ATM.
Bali has a mulitude of banks, ATM’s and moneychangers already, but the advantages of this one are that its not a ‘cattle call’, like BNI or one of the local banks. I often see tourists walking along the street comparing rates and moneychangers. Some offer a higher rate with a commission, others al ower rate, with no commission. In all honesty it works out the same, and the people offering the ridiculously good rates, are the little scumbags who will try to steal your money, during the process of counting it. I recommend going to a large established money changer, like the Central Kuta moneychanger at the bottom of Jl. Legian, or the one next to Spaghetti Jazz in Seminyak, you won’t get ripped off there.
FX Shop locations:
FX Shop Legian
JL. Legian No. 137,
Legian
FX Shop Kuta
JL. Dewi Sartika No. 8,
Komplek Kuta Centre,
Blok A III no. 8,
Kuta
Banks in Bali will change foreign cash and travelers checks 8am � Noon, Mon �Fri. On weekends only money changers operate and on Sunday only the government one is open (they only accept US TC’s or cash).
You should check the newspaper for the latest exchange rates and compare the rates offered by money changers and banks. Be very careful of freelance money changers in the street. If they do not have some kind of premises, like a carpet store or something they can easily rip you off. A typical situation might involve you changing money with them and after you receive your bills the person abruptly takes back your stack saying he miscounted and will add a couple of low denomination bills to the top, while taking a couple of high value bills from the bottom.
Banks
•American Express Bank (0361) 283973
•ABN-AMRO Bank (0361) 244277
•Bank Central Asia (BCA) (0361) 756283
•Bank Danamon (0361) 757836
•Bank International Indonesia (BII) (0361) 756671
•Bank Lippo (0361) 284158
•Bank Mandiri (0361) 770259
•Bank Niaga (0361) 232969
•Bank Permata (0361) 263373
•Citibank (0361) 255077
•Commonwealth Bank (0361) 237077
•Standard Chartered Bank (0361) 223700
Credit Cards
•American Express (0361) 283970
•Mastercard / Visa (0361) 759010
Banks in Bali have ATM machines that are compatible with foreign banks so you will be able to withdraw money in local currency. There are actually a ton of branches and you can look in the local Yellow Pages for a complete listing, of banks in Bali.
ali is stacked with ATM machines which is good for the local economy and good for tourists. The days of visiting banks and money changers, spending half an hour filling out forms to get $20 are over. Now whether you are in Kuta, Denpasar, Lovina or Nusa Dua, you can access your cash 24/7. As globalization spreads, efficient ways of doing things become the norm. Bank cards issued overseas that have the Star, Cirrus, Maestro, etc. symbols will be able to access the ATMs of local banks.
Money is issued in Indonesian rupiah. ATM machine are sometimes open to the air, sometimes enclosed in a little AC room. On the outside of the machine it will indicate which cards are compatible. It will also say what denomination the money is dispensed in, either 50,000rp or 100,000rp notes. When you put your card in, you will be asked to select from the Indonesian or English language menu. After entering your PIN number, you will select what service you need (withdrawal, balance inquiry etc.) and from which account (Saving or Checking). After about 15 seconds the money is dispensed, then the receipt then the card. Don’t forget to wait for your card.
Bali has around 12 different banks, each with many branches. The most popular are BII, BNI, BCA. Local account holders are able to withdraw money from their bank’s ATMs for free. Account holders of local backs can withdraw larger sums from ATMs than non-account holders. For example the maximum amount withdrawal from a BCA ATM is 2.5mrp per session, 2 sessions per day. Lippo bank allows you to draw out 2m rp per session although the same ATM machine sometimes allows a different rate (figure that out!), which may be something to do with the amount of money left in the machine. A Silver account with BCA allows a daily withdrawal of 5m rp, a Gold account 10m rp. ATMs vary greatly in the maximum amount they allow you to withdraw. You will be offered a series of amounts and ‘Other Amount’. By clicking on ‘Other Amount’ and typing the figure, you’ll find out if its possible. If not you’ll be directed to enter a lower figure. To use another bank’s ATM machine the charge is 25,000rp.
ATMs in Bali are generally reliable and scams are rare. The worst thing that can happen is you
forget to take your card back.
Bank Commonwealth, which is related to the Commonwealth Bank in Australia, is opening a series of its ‘FX’ shops that will account holders of any Australian bank to exchange money and withdraw from the ATM.
Bali has a mulitude of banks, ATM’s and moneychangers already, but the advantages of this one are that its not a ‘cattle call’, like BNI or one of the local banks. I often see tourists walking along the street comparing rates and moneychangers. Some offer a higher rate with a commission, others al ower rate, with no commission. In all honesty it works out the same, and the people offering the ridiculously good rates, are the little scumbags who will try to steal your money, during the process of counting it. I recommend going to a large established money changer, like the Central Kuta moneychanger at the bottom of Jl. Legian, or the one next to Spaghetti Jazz in Seminyak, you won’t get ripped off there.
FX Shop locations:
FX Shop Legian
JL. Legian No. 137,
Legian
FX Shop Kuta
JL. Dewi Sartika No. 8,
Komplek Kuta Centre,
Blok A III no. 8,
Kuta
Banks in Bali will change foreign cash and travelers checks 8am � Noon, Mon �Fri. On weekends only money changers operate and on Sunday only the government one is open (they only accept US TC’s or cash).
You should check the newspaper for the latest exchange rates and compare the rates offered by money changers and banks. Be very careful of freelance money changers in the street. If they do not have some kind of premises, like a carpet store or something they can easily rip you off. A typical situation might involve you changing money with them and after you receive your bills the person abruptly takes back your stack saying he miscounted and will add a couple of low denomination bills to the top, while taking a couple of high value bills from the bottom.
