& Credit Card
In Tibet, the only place
to change foreign currency and travellers
cheques is the Bank of China. The
top end hotels in Lhasa have exchenge
services but they are only availbale
for guests. The sensible thing to
do is to change as much money in Lhasa
as you think you need. The only other
places to change money are in Shigatse,
Zhangmu and Purang(or perhaps Ali).
If you are travelling upcountry, try
and get your cash in small denominations:
RMB100 and RMB50 bills are sometimes
difficult to get rid of in rural Tibet.
If you don't like the idea of turning
up at the border with no Chinese currency
you can buy cash RMB from banks in
Hong Kong and the Bank of China in
Credit cards are not recommended
as a way of payment in Tibet. Flights
and Lhasa can not be paid using a
credit card. The Lhasa central branch
of the Bank of China is the only place
in Tibet which provides credit card
advances. A 4% commission is usually
deducted and the minimum advance is
Traveller's cheques are
now acceptable at the Bank of China.
It is recommended that you cash your
them in Lhasa.
In Tibet, coins are not acceptable
even for donations, and sometimes
the new version of money are not recognized
and accepted as well.