Bank and Foreign Exchange
The Australian
dollar is the legal currency of Kiribati. Traveller’s cheques and all
major currencies are accepted by the bank and may also be exchanged for currency
at some local hotels.
There is no
restriction on the importation of currency into Kiribati via Travellers cheques,
foreign bank notes and/or other instruments of payment.
Traveller’s
cheques expressed in Australian currency, and Australian currency in notes may
also be imported without restriction. Credit Cards such as Master Card and Visa
Card are also accepted. Branches of the Bank of Kiribati are located at
Bairiki, Betio and Bikenibeu and Kiritimati (Christmas
Island).
Trading hours are
9.30am to 3.00pm for all branches. Major Hotels on Tarawa and Christmas
Island accepts major credit cards. Verification fees with overseas banks
are normally charged.