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Using Money in Tibet: Advice from a Tibet Travel agency

July 9, 2013 DESTINATION No Comments Email Email

When travelling in Tibet many find themselves surprised by the differences in using money between Tibet and their home country. As a general rule of thumb, credit cards are not accepted in Tibet and travelers should be prepared to use cash for nearly all their purchases.

In order to avoid money related hassles, Lhasa based travel agency Tibet Ctrip Travel Service-TCTS ( encourages travelers to familiarize themselves with these kinds of differences in advance of their trip. To help travelers prepare, TCTS has released newly updated travel tips for using money in Tibet.

  • Get reliable and trust worthy Tibet travel agency with Lhasa based tour agency!

    Get reliable and trust worthy Tibet travel agency with Lhasa based tour agency!

    Reliable ATMs are available for withdrawing cash while on a tour of Tibet; travelers are best off informing their banks that they will be travelling before using their ATM card in Tibet. Most travelers have no trouble using ATMs provided by Bank of China and International Construction Bank of China, however, other banks may not accept foreign ATM cards. While there may be ATMs throughout Tibet, travelers should plan on withdrawing cash before their tour departs Lhasa.

  • The local currency is the Chinese Yuan (RMB). Travelers arriving with currency other than the RMB can exchange it at a variety of locations. Usually, banks will offer the best exchange rates. The bank will require identification such as a passport; TCTS’s native Tibetan guide can help mitigate any communication barriers during the exchange process. Hotels sometimes offer currency exchange services as well but may only accept a limited selection of currencies.

Tibet tours are a fantastic way to discover its fascinating culture and enjoy spectacular scenery; keeping in mind these few travel tips can help prevent money hassles that distract travelers from enjoying their time in Tibet. Although Tibet has seen its tourism infrastructure develop rapidly in recent years, travelers must come prepared for differences between Tibet and their home country. For the most part, credit cards are not accepted and, as is the case for all foreign travel, banks may place a security hold on ATM cards if they are not informed that the cardholder is traveling. Travelers who arrive prepared can head off many potential hassles; for any other Tibet travel related questions, Tibet Travel AgencyTCTS is more than happy to help.

Devin Moore provided this news release above on behalf of local Tibet tour agency TCTS ( Devin is a travel writer and independent economic analyst based in Springfield, Missouri USA. His economic research is currently focused on airfare pricing. Devin Moore works to spread awareness of Tibet and its people through publishing Tibet travel information.

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