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Money
Currency: Brunei Dollar (Br$) = 100 cents. Notes are in the denominations Br$10,000, 1000, 500, 100, 50, 25, 10, 5 and 1. Coins are in the denominations 50, 20, 10, 5 and 1 cents. The Brunei Dollar is officially on a par with the Singapore Dollar.
Currency exchange: Foreign currencies and travellers cheques can be exchanged at any bank.
Credit & debit cards: American Express, Diners Club, MasterCard and Visa are generally accepted by hotels, department stores and major establishments. Check with your credit or debit card company for details of merchant acceptability and other services that may be available.
Travellers cheques: To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars or Pounds Sterling. Hotels and many department stores will also cash travellers cheques.
Currency restrictions: The import of local currency is unlimited. The export of local currency is limited to Br$1000 in notes. The Singapore Dollar may be imported and exported up to the equivalent of Br$1000. Indian banknotes may not be imported. Free import of other foreign currencies, subject to declaration. Export of foreign currencies for foreigners is unlimited up to amount imported and declared.
Exchange rate indicators
The following figures are included as a guide to the movements of the Brunei Dollar against Sterling and the US Dollar:
| Date | May ’02 | Aug ’02 | Nov ’02 | Feb ’03 | | £1.00= | 2.62 | 2.67 | 2.80 | 2.77 | | $1.00= | 1.80 | 1.76 | 1.77 | 1.74 |
Banking hours: Mon-Fri 0900-1500, Sat 0900-1100.
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Terms and Conditions apply.
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