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Last updated : Nov 2009
 
Barbados Currency
Barbados Currency and Bank information - TravelPuppy.com
The Barbados Dollar is the official currency in Barbados.

1 Barbados Dollar (Bd$) = 100 cents

Notes are in denominations of Bd $2, 5, 10, 20, 50 and 100.

Coins are in denominations of 1, 5, 10 and 25 cents, and Bd $1.

The Barbados Dollar is tied to the United States Dollar.

Currency exchange

The best exchange rates are offered at commercial banks. The island is served by the Barbados National Bank and a range of at least 6 international banks, each with a main office in Bridgetown and further branches in Holetown, Hastings, Speightstown and Worthing. ATM's are accessible.

Credit & debit cards

Barclaycard, American Express, Carte Blanche, Diners Club, Eurocard, MasterCard and Visa are accepted in the resorts, however cash is preferred for customs duty payment. Discover Card can be used in certain places. Please check with your credit or debit card company for details of merchant acceptability and other services that may be available.

Travellers cheques

Travellers cheques are accepted by all banks and most hotels. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in United States Dollars or Pounds Sterling.

Exchange rate indicators

The following figures should be perceived as a guide to the movements of the Barbados Dollar against the US Dollar and UK Pounds Sterling:
 
Date Nov’07
UK £1.00=
4.20
US $1.00=
2.02
 
Currency restrictions

The import of local currency is unlimited, subject to declaration. The export of local currency is forbidden. The export and import of foreign currency is limited to the amount declared on arrival.

Banking hours

Banks are generally open Monday to Thursday from 8.00 am to 3.00 pm, Friday 8.00 am to 5.00 pm.
Useful travel links
MasterCard ATM Locator Location of any ATM that accepts MasterCard
Oanda International Currency and foreign exchange services
VISA ATM Locator Location of any ATM that accepts VISA cards