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Money Matter in Dubai

  Topic » Tour and Travel Tips For World » Travel Tips For Dubai
Post By : Rainrays At 2011-06-25 17:11:53

Official currency of Dubai : Dirahms is the official currency of Dubai.  The UAE currency notes are available in denominations of 5,10,20,50,100,200,500 and 1000 Dirhams.
1 Dh = 100 Fils. Coins are available in denominations of 1, 5,10, 25 and 50 fils, and 1 Dirham. Below 25 fils coins denomination are of little value and are rarely used in the market.

Currency Conversion and Exchange Rates
-> Exchange rates is vary from minute to minute depending on world markets.
-> Banks usually give the best rates on foreign currency exchange
->You can get foreign currency exchanged from major banks and private financial institutions/outlets in Dubai.

Banks :
-> Banks are often closed on Fridays but the city is home to many international names such as HSBC and TSB
-> Bank timings are: 8 am-1 pm while money exchange houses operate between 8 am-1 pm and 4:30 pm-8:30 pm.

ATM's and cash machines - Dubai
-> In Dubai, ATMs can be found throughout the shopping malls and even inside many of the top hotels.

Credit Cards
Generally credit cards and other bank issued cards are most reliable way to access money overseas. Most of Dubai’s hotels accept credit cards along with shops and restaurants

-> Generally all major credit cards are accepted in Dubai like MasterCard, American Express, Diners.
-> You alos store your credit card details along with copies of your passport, travel documents and other important documents.

Credit Card Checklist

-> Carry your cards on your person and in your carry on luggage.
-> Never leave cards unattended in hotel rooms or any other place.
-> Check that you have received your credit card back after it has been charged.
-> Check the expiry date of your card to be sure it does not expire while you are away.
-> Ensure you have a P.I.N. access number for your credit card to go along with your signature.
-> Retain all copies of your receipts so that you can verify them against your statements.
-> Ensure that your card is kept in view at all times when paying for goods and services.
-> Check the total amount being charged on your sales voucher before you sign it.
-> Report any loss or theft of your cards immediately.

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