Currency
The Australian Dollar (AUD) currency is decimal with the dollar as
the basic unit (100 cents equals one dollar). Notes come in $5, $10,
$20, $50, $100 denominations. Coins come in 5c, 10c, 20c, 50c, $1,
$2 denominations. All prices are marked in single cents and rounded
off to the nearest 5c.
Exchange facilities are available for all incoming and outgoing flights
at all airports. Changing foreign currency or traveller's cheques
can be done quickly at all banks. Exchanging facilities are available
at all major hotels as well.
There is no limitation to
the amount of Australian or foreign cash that may be brought into
or taken out of Australia. Amounts over Australian Dollar 10,000
or an equivalent amount of Foreign currency must be reported at
the time of arrival into and departure from Australia.
Forms for reporting currency transfers are available with Customs
Officers at all ports and airports. Reporting is required by law
and a failure to do the same is an offence.
Credit Cards
The most commonly accepted credit cards in Australia are American
Express, Bancard, Diner's Club Card, Master Card, Visa Card, JCB
and their affiliates. These cards can be used in Australia at ATMs,
various retail outlets and most hotels provided they are enabled
for international access.
Banks in Australia have ATMs which can be accessed
24 hours a day. To access an account, cardholders are required to
use their Personal Identification Number (PIN) when obtaining cash
or services. Cards can be used in Australia at both ATMs and at
most retail locations, as long as they have been enabled for international
access.
Travelers Cheques
Travelers' cheques can be cashed at banks or larger hotels, as it
may be difficult elsewhere. Some banks may charge a fee for cashing
travelers' cheques.
|